Amplitude Shares Surge on BTIG's 'Buy' Rating

Amplitude, a digital analytics platform, saw a two point six percent share jump after BTIG started covering it with a Buy rating and a fourteen dollar price target. BTIG praised Amplitudes shift towards larger enterprise customers, improving growth metrics and revenue. They also highlighted generative AI as a potential positive factor for future top-line growth. Despite todays news, Amplitudes shares remain volatile, trading seventeen point six percent below its fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.