Ambarella Reaches Analyst Target Price

In recent trading, shares of Ambarella, Inc. (Symbol: AMBA) have crossed above the average analyst 12-month target price of $132.46, changing hands for $132.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va

In recent trading, shares of Ambarella, Inc. (Symbol: AMBA) have crossed above the average analyst 12-month target price of $132.46, changing hands for $132.67/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va