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JPMorgan upgrades Mobileye to Neutral on limited downside risk

JPMorgan upgraded Mobileye (MBLY) to Neutral from Underweight with a price target of $13, up from $12. The firm sees limited downside risks at current valuation levels. JPMorgan sees auto outlook stabilization following the tariff-related uncertainty in 2025. There is now a higher predictability of growth outcomes through the year, the analyst tells investors in a research note. The firm says Mobility is positioned to benefit through its partnerships with Lyft and Uber.

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