Barclays raised the firm’s price target on Mobileye (MBLY) to $17 from $16 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the autos and mobility group. The firm continues to prefer the auto makers over suppliers. Barclays expects most of the sector to beat Q3 estimates but only “soft” guidance raises in an attempt to management expectations.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY: