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Stock impact report

Morgan Stanley Upgrades Amplitude (AMPL) to Overweight, Raises PT to $16 [Yahoo! Finance]

Amplitude, Inc. (AMPL) 
Company Research Source: Yahoo! Finance
Overweight from Equal Weight, while raising its price target to $16 from a previous target of $14. The firm believes that the company is well-positioned to capitalize on the surge of digital product user behavior data driven by generative AI's acceleration of mobile and web application development. Additionally, the firm noted that Amplitude's shares trade at a reasonable valuation and lack the seat-based model overhang seen elsewhere in the sector, which supports further upside potential. Earlier on December 19, Baird increased its price target for Amplitude Inc. (NASDAQ:AMPL) to $15 from $14 while maintaining an Outperform rating. This revision followed an updated financial model informed by recent meetings with the company's management team. Copyright: gmast3r / 123RF Stock Photo Amplitude Inc. (NASDAQ:AMPL), together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the US and internationally. While we acknowledge the potenti Show less Read more
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