Barclays lowered the firm’s price target on Mobileye (MBLY) to $14 from $16 and keeps an Overweight rating on the shares. The firm updated models in the autos and mobility group ahead of the Q1 reports.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY:
- Mobileye secures major DMS production program with U.S. automaker
- Mobileye call volume above normal and directionally bullish
- Mobileye and Elektrobit partner in autonomous vehicle solutions
- Short Report: Sable Offshore short interest at record high
- Mobileye Faces Potential Goodwill Impairment Risk That Could Pressure Earnings and Valuation
