Ambarella (AMBA) Receives a Rating Update from a Top Analyst

Rosenblatt Securities analyst Kevin Cassidy maintained a Buy rating on Ambarella today and set a price target of $120.00.

In addition to Rosenblatt Securities, Ambarella also received a Buy from Morgan Stanley’s Joseph Moore in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Ambarella (NASDAQ: AMBA).

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