Wall Street Analysts Think Ambarella (AMBA) Could Surge 28.74%: Read This Before Placing a Bet

Shares of Ambarella (AMBA) have gained 18.6% over the past four weeks to close the last trading session at $56.15, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$72.29 indicates a potential upside of 28.7%.The mean estimate comprises 14 short-term price targets with a standard deviation of $13.04. While the lowest estimate of$50 indicates a 11% decline from the current price ...