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Guidance Cut Could Sent Ambarella's Downward Spiral Lower
Monday, March 7, 2016 - 9:29am | 234Chardan Capital’s Marc Estigarribia maintained a Neutral rating for Ambarella Inc (NASDAQ: AMBA), while reducing the price target from $90 to $50. Ambarella has the potential to return to a healthy, above-market-average CAGR in sales, earnings and FCF, driven by the strength of its video...
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A Market-Leading Robotics IoT Play: iRobot
Wednesday, February 10, 2016 - 9:42am | 344Shares of iRobot Corporation (NASDAQ: IRBT) have appreciated 14.15 percent over the past six months, rising almost to their 52-week high on December 17 of $36.95 Chardan Capital’s Marc Estigarribia has initiated coverage of the company with a Buy rating and price target of $42....
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Chardan Is Buying CEVA, Low End Smartphone/LTE Upgrade Cycles In China & India Offer 'Tremendous Opportunity'
Thursday, February 4, 2016 - 9:50am | 270CEVA, Inc (NASDAQ: CEVA) shares have been trending lower in recent months, and have lost 17 percent since November 4. Chardan Capital’s Marc Estigarribia maintained a Buy rating for the company, with a price target of $27. The company is well positioned to benefit from growth in...
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Expect The Drag On Ambarella To Continue Until GoPro Offers Visibility Of Consumer Segment Turnaround
Thursday, January 14, 2016 - 8:55am | 345Ambarella Inc (NASDAQ: AMBA) shares have lost 20 percent so far in 2016. Chardan Capital Markets’ Marc Estigarribia maintained a Neutral rating for the company, with a price target of $90. The company’s shares could come under pressure due to the huge miss preannounced by...
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Chardan Thinks CalAmp Stock Is A Buy
Monday, December 7, 2015 - 9:21am | 307Shares of CalAmp Corp. (NASDAQ: CAMP) have been volatile in 2015 and are down 2 percent in the last one month. Chardan Capital’s Marc Estigarribia initiated coverage of the company with a Buy rating and a price target of $24. The company is poised to benefit from the increasing...
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Chardan Stays On The Sidelines Of Ambarella
Friday, December 4, 2015 - 9:40am | 296Ambarella Inc (NASDAQ: AMBA) shares have been volatile so far in 2015, and have gained 14 percent year-to-date. Chardan’s Marc Estigarribia maintained a Hold rating on the company, while establishing a price target of $90. Although the company delivered an earnings beat, its...