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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (17182)9/29/2015 1:31:40 PM
From: The Ox  Read Replies (1) of 33421
 
AMBA finally back to where one MIGHT call it in line with it's fundamental growth. 15 PE times forward earnings expectations of $3.60 next year gives a $54 price target or $46 on 15x trailing earnings.
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