Morgan Stanley Sees AI-Driven Demand Tailwinds for Amplitude, Inc. (AMPL)

We recently compiled a list of the 12 Cheap Small-Cap Stocks to Invest In Before the Next Breakout. The third stock on our list of best small-cap stocks is Amplitude, Inc. TheFly reported on January 15 that Morgan Stanley upgraded AMPL from Equal Weight to Overweight and raised its price target to $16 from $14. The firm expects AMPL to benefit from increased volumes of digital product user behavior data as generative AI accelerates the development of mobile and web applications. Additionally, Morgan Stanl ...