Amplitude (AMPL) Stock: $24 Price Target And Overweight Rating

By Amit Chowdhry ● Apr 28, 2022
  • The shares of Amplitude Inc (NASDAQ: AMPL) have received a $24 price target from KeyBanc. These are the details.

The shares of Amplitude Inc (NASDAQ: AMPL) have received a $24 price target from KeyBanc. And KeyBanc analyst Michael Turits is maintaining an “Overweight” rating on the shares. 

Turits adjusted the rating upon noting that the results from interviews with 28 channels and data from 38 VARs in his survey indicated strong first-quarter results for the Enterprise Software space. And no macro impact has been indicated yet, but there is some macro caution going forward expressed in conversations.

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