Information Provided By:
Fly News Breaks for May 18, 2018
AMBA
May 18, 2018 | 07:10 EDT
As reported previously, Cowen analyst Matthew Ramsay initiated Ambarella with an Outperform rating. The analyst said with the transition away from GoPro drones and cameras, the near-term outlook remains challenging. He believes the challenges have caused investors to undervalue the company's long-term computer vision and potential growth in security and auto markets. Ramsay has a $65 price target on Ambarella shares.
News For AMBA From the Last 2 Days
There are no results for your query AMBA