Zacks Investment Research upgraded shares of AMBARELLA INC (AMBA) from NEUTRAL to OUTPERFORM on February 10, 2014, with a target price of $29.80.
Ambarella, Inc. develops video compression and image processing semiconductors. The Company's products are used in digital still cameras, digital camcorders, and video-enabled mobile phones. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers. Its technology is also used in television broadcasting infrastructure systems. Ambarella, Inc. is headquartered in Santa Clara, California.
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