Reported about 6 hours ago
BofA Securities has raised its price target for Amplitude, Inc. (NASDAQ:AMPL) from $13 to $15 while maintaining a Buy rating after a recent investor meeting discussing the launch of its agentic AI product. The company is optimistic about its potential in the $50 billion digital analytics market, highlighting a 10% year-over-year revenue growth in Q1 2025 and the positive reception of its new Guides and Surveys product. Despite its potential, some analysts suggest other AI stocks may provide greater returns with lower risk.
Source: YAHOO