Actionable news
0
All posts from Actionable news
Actionable news in AMBA: Ambarella, Inc.,

Oppenheimer Starts Ambarella At Perform: Opportunity Is There, Risk-Reward Balanced

Trade with confidence. Are you a professional trader? Be the first to get the alert with Benzinga Pro's real-time newsfeed and audio squawk and never miss an opportunity again.
Don't miss the chance to try it FREE today.

Oppenheimer’s Andrew Uerkwitz believes Ambarella Inc AMBA 3.83% is among the best pure-play investments in the consumer and professional applications market, although the stock’s risk/reward appears balanced at present.

The analyst initiated coverage of the company with a Perform rating.

Balanced Risk/Reward

Uerkwitz believes Ambarella’s risk/reward is currently balanced, given the “1) unfavorable outlook for major end markets in the near term, 2) timing uncertainty for the market trends that...


More