Amplitude's Expanding Product Suite & Enterprise Surge Position It for Stronger Growth, Says Analyst

Piper Sandler analyst Brent A. Bracelin reiterated the Overweight rating on Amplitude, Inc. AMPL, raising the price forecast to $17 from $15.The analyst has raised the price forecast, recommending it for small-cap growth investors due to leadership improvements, a new self-serve product driving strong growth, a promising new product cycle, and potential for cross-selling Command AI.The company reported fourth-quarter results, where revenues increased 9% year over year.Bracelin notes that while large deal co ...