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A number of firms have modified their ratings and price targets on shares of Amber Road (NASDAQ: AMBR) recently:

  • Amber Road is now covered by analysts at Canaccord Genuity. They set a “buy” rating and a $18.00 price target on the stock.
  • Amber Road is now covered by analysts at Stifel Nicolaus. They set a “buy” rating and a $19.00 price target on the stock. They wrote, “Amber Road, originally founded in 1988 as Management Dynamics, is a leader in the rapidly evolving market for Global Trade Management (GTM) solutions, delivered by AMBR via a SaaS-based solution. As the demands for global trade efficiencies continuously increase for companies of all sizes, so do the requirements for automated systems and real-time information. We believe that Amber Road provides a comprehensive set of GTM solutions, augmented by a comprehensive package of global trade content that serves as a true differentiator in the marketplace. We are initiating coverage of Amber Road (AMBR) with a Buy rating and $19 target price.”
  • Amber Road is now covered by analysts at Raymond James. They set an “outperform” rating and a $18.00 price target on the stock.
  • Amber Road is now covered by analysts at Pacific Crest. They set an “outperform” rating and a $18.00 price target on the stock.
  • Amber Road is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $18.00 price target on the stock.

Shares of Amber Road Inc (NASDAQ:AMBR) traded up 0.42% during mid-day trading on Monday, hitting $14.41. The stock had a trading volume of 791 shares. Amber Road Inc has a one year low of $14.00 and a one year high of $17.90. The stock has a 50-day moving average of $15.42 and a 200-day moving average of $15.42. The company’s market cap is $358.7 million.

Amber Road, Inc (NASDAQ:AMBR) is a provider of cloud-based global trade management (GTM) solutions.

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