Amplitude price target raised to $11 from $9 at Piper Sandler
The Fly

Amplitude price target raised to $11 from $9 at Piper Sandler

Piper Sandler raised the firm’s price target on Amplitude (AMPL) to $11 from $9 and keeps a Neutral rating on the shares. The firm said the increase is due to stabilizing demand fundamentals, but acknowledged that a sub-10% growth rate is unlikely to swing investor sentiment that remains “squarely in the skeptical camp”.

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