William Blair Starts Amplitude Inc (AMPL) at Outperform

William Blair analyst Bhavan Suri initiates coverage on Amplitude Inc (NASDAQ: AMPL) with an Outperform rating.

The analyst commented, "With a revenue run-rate of $157 million as of June 2021 (and growing 66%), Amplitude is a leader in the digital product analytics space. Its platform was built from the ground up to handle the scale and complexity of digital products. Its nearly 1,300 customers use Amplitude in over 45,000 digital products, enabling them to understand better what drives end-user behavior and which product investments they should make to maximize customer lifetime value and drive product-led growth."

For an analyst ratings summary and ratings history on Amplitude Inc click here. For more ratings news on Amplitude Inc click here.

Shares of Amplitude Inc closed at $67.41 yesterday.

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