Morgan Stanley analyst Joseph Moore said a large miss in Ambarella's consumer business, an auto program delay and trade tensions in surveillance will all likely test investor patience, but he remains bullish as his enthusiasm for the new computer vision opportunity has not waned. He thinks the company is hitting its milestones and still expects the company to be able to talk more specifically about autonomous driving customers later this year, Moore tells investors. While his view of the upside has not changed, the downside protection in the event that the company is less successful transitioning to computer vision has declined, added Moore, who keeps an Overweight rating on Ambarella shares but lowered his price target to $50 from $58.