Mobileye price target lowered to $10 from $12 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Mobileye (MBLY) to $10 from $12 and keeps an Equal Weight rating on the shares. Mobileye raised 2026 guidance after a “strong” Q1, while maintaining a “conservative outlook,” the analyst tells investors. Continued strength in China exports could support upside to the guidance, the analyst added.