Why Ambarella, Inc. Stock Jumped 15.2% in October
Shares of Ambarella Inc. (NASDAQ: AMBA) popped 15.2% in October, according to data from S&P Global Market Intelligence, after an analyst upgraded the video processing chip specialist.
More specifically, Ambarella's gradual rise last month started in earnest with a 6% pop on Oct. 12, when Canaccord Genuity analyst Matt Ramsay maintained his "buy" rating on the stock and increased his per-share price target to $65 from $58. For perspective, Ambarella stock closed on Tuesday at $54.68 per share.
IMAGE SOURCE: AMBARELLA INC.
Source: Fool.com
Ambarella Inc. Aktie
76,12 €
1,36 %
Die Ambarella Inc. Aktie wird positiv bewertet: Mehrere Buy-Einschätzungen, keine Sell-Einschätzungen.
Mit einem Kursziel von 86 € für Ambarella Inc. könnte eine leichte Steigerung gegenüber dem aktuellen Kurs von 76.12 € erreicht werden.
