AMPL is trading 5.8% up at $8.09 in pre-market following a Strong Buy initiation and $10.00 price target from Raymond James.
- The analyst coverage pushed shares to $8.21 (+7.3%) in after-hours, extending a sharp multi-day rally from the mid-$6 level.
- Bullish sentiment continues to support the stock's upward momentum into the pre-market session as investors react to the positive long-term outlook.