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Ambarella To Rally Around 61%? Here Are 10 Top Analyst Forecasts For Wednesday

Benzinga ·  Aug 28 21:16

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • Oppenheimer raised the price target for United Therapeutics Corporation (NASDAQ:UTHR) from $400 to $575. Oppenheimer analyst Hartaj Singh maintained an Outperform rating. United Therapeutics shares gained 0.7% to close at $349.23 on Tuesday. See how other analysts view this stock.
  • Mizuho lowered the price target for BILL Holdings, Inc. (NYSE:BILL) from $60 to $52. Mizuho analyst Siti Panigrahi maintained a Neutral rating. BILL Holdings shares gained 7.5% to close at $53.48 on Tuesday. See how other analysts view this stock.
  • Craig-Hallum raised Ambarella, Inc. (NASDAQ:AMBA) price target from $80 to $85. Craig-Hallum analyst Richard Shannon maintained a Buy rating. Ambarella shares gained 3.2% to close at $52.79 on Tuesday. See how other analysts view this stock.
  • Evercore ISI Group cut the price target for Albemarle Corporation (NYSE:ALB) from $190 to $170. Evercore ISI Group analyst Stephen Richardson maintained an Outperform rating. Albemarle shares gained 0.04% to close at $88.98 on Tuesday. See how other analysts view this stock.
  • RBC Capital raised Cognizant Technology Solutions Corporation (NASDAQ:CTSH) price target from $81 to $82. RBC Capital analyst Daniel Perlin maintained a Sector Perform rating. Cognizant Technology shares rose 0.4% to close at $77.15 on Tuesday. See how other analysts view this stock.
  • B of A Securities raised Nordstrom, Inc. (NYSE:JWN) price target from $18 to $20. B of A Securities analyst Lorraine Hutchinson maintained an Underperform rating. Nordstrom shares fell 2.5% to close at $21.14 on Tuesday. See how other analysts view this stock.
  • Baird increased the price target for The Toro Company (NYSE:TTC) from $100 to $102. Baird analyst Timothy Wojs maintained a Neutral rating. Toro Company shares gained 0.2% to close at $90.60 on Tuesday. See how other analysts view this stock.
  • Bernstein boosted Twilio Inc. (NYSE:TWLO) price target from $68 to $70. Bernstein analyst Peter Weed maintained a Market Perform rating. Twilio shares gained 2.2% to close at $61.99 on Tuesday. See how other analysts view this stock.
  • Deutsche Bank cut Ulta Beauty, Inc. (NASDAQ:ULTA) price target from $552 to $448. Deutsche Bank analyst Krisztina Katai maintained a Buy rating. Ulta Beauty shares fell 1% to close at $371.35 on Tuesday. See how other analysts view this stock.
  • Citigroup raised Delek Logistics Partners, LP (NYSE:DKL) price target from $44 to $45. Citigroup analyst Douglas Irwin upgraded the stock from Neutral to Buy. Delek Logistics Partners shares fell 0.4% to close at $38.83 on Tuesday. See how other analysts view this stock.

Considering buying AMBA stock? Here's what analysts think:

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