Needham & Company LLC began coverage on shares of Ambiq Micro (NYSE:AMBQ – Free Report) in a report published on Monday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $48.00 target price on the stock.
Several other brokerages also recently commented on AMBQ. Wall Street Zen upgraded shares of Ambiq Micro to a “hold” rating in a research report on Monday, August 11th. UBS Group initiated coverage on Ambiq Micro in a report on Monday. They issued a “neutral” rating and a $40.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Ambiq Micro has an average rating of “Moderate Buy” and a consensus target price of $43.75.
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About Ambiq Micro
Our mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. We are a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.
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