Information Provided By: 
Fly News Breaks for November 26, 2019
AMBA
Nov 26, 2019 | 08:35 EDT
Craig-Hallum analyst Richard Shannon said Ambarella reported "another" strong quarter and he continues to see strong execution on computer vision in the security and auto markets. While he lowered his FY21 sales and EPS estimates to account for inventory burn, Shannon believes the strong computer vision wins, particularly in autos, will continue to drive the stock higher. He raised his price target on Ambarella shares to $70 and keeps a Buy rating on the stock.
News For AMBA From the Last 2 Days
There are no results for your query AMBA
