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Fly News Breaks for March 6, 2019
AMBA
Mar 6, 2019 | 07:49 EDT
As previously reported, Craig-Hallum analyst Richard Shannon upgraded Ambarella to Buy from Hold as he sees sales inflection coming in 2H, and as multiple indicators suggest growth in auto and security, supported by computer vision-enabled products. The analyst also raised his price target on the shares to $53 from $42.
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