Ambarella Q3, Q4 Sales Guidance Boost Target Price

By | December 5, 2014

Scalper1 News

Ambarella’s fiscal Q3 earnings and Q4 sales guidance late Thursday prompted several analysts to boost their target prices for the stock on Friday as the video technology chipmaker continues to benefit from a booming market for sports and security cameras. Ambarella (AMBA) stock was down 2% near 54.50 in midday trading Friday, however, with analysts citing the potential for only moderate growth for the remainder of fiscal 2015. “Two things stuck Scalper1 News

Scalper1 News