Bears Roar Back... Short Seller Schools Jim Cramer on Ambarella (AMBA)
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Ambarella's (AMBA) Outperform Rating Reaffirmed at FBN Securities
September 2, 2015 12:56 PM EDTFBN Securities maintained an Outperform rating on Ambarella (NASDAQ: AMBA) with a price target of $110. Analyst Shebly Seyrafi thinks shares are attractive after today's pullback.
"The company reported yet another strong quarter, with revenue up 79% Y/Y and over $2M above consensus, and NG EPS came in $.07 (9%) above consensus. The stock is looking to exhibit... More
