Needham Opens Coverage on Amprius Technologies, Assigns Buy Rating and $20 Target
Needham has launched coverage of Amprius Technologies (NYSE: AMPX) with a Buy rating and a $20.00 price target, implying roughly 67% upside from the then-current share price of $11.98. The research note highlights Amprius as a near-pure supplier to the unmanned aerial systems (UAS) sector and spotlights rapid recent revenue growth, a capital-light …