Berenberg analyst Michael Filatov initiated coverage of Mobileye (MBLY) with a Buy rating and $9.30 price target Mobileye is the “dominant” global supplier of technology and software for camera-based advanced driver assistance systems, the analyst tells investors in a research note. The firm believes the company is well positioned to win additional awards in the “high-volume L2-L2+ ADAS category” as original equipment manufacturers prioritize cost, efficiency and scale.
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