Ambarella Stock Sinks as It Sees 'Weak' Demand Environment. What Wall Street Thinks.
Several analysts lower their price targets on Ambarella but remain bullish on the chip maker's stock.
Source: marketwatch.com
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Several analysts lower their price targets on Ambarella but remain bullish on the chip maker's stock.
Ambarella had reported a Q4 EPS of $0.45, which was $0.03 better than the analyst estimates of $0.42. And the revenue for the quarter was $90.2 million.