KeyBanc analyst Jackson Ader raised the firm’s price target on Amplitude (AMPL) to $17 from $15 and keeps an Overweight rating on the shares. Amplitude’s top-line performance showed the continuation of an acceleration story, but KeyBanc is “greedy” and wants serious margin improvement to coincide with the revenue acceleration.
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Read More on AMPL:
- Amplitude’s Strong Performance and Strategic Focus Drive Buy Rating
- Amplitude price target raised to $17 from $15 at Piper Sandler
- Amplitude price target raised to $16 from $14 at BofA
- Amplitude upgraded to Outperform from Neutral at Baird
- Amplitude’s Strategic Advancements and Market Potential Justify Buy Rating