Canaccord raised the firm’s price target on Mobileye (MBLY) to $30 from $25 and keeps a Buy rating on the shares. The firm said it was a strong report but the implied guidance for 4Q25 points to underlying weakness, which could trigger negative memories for some investors of the inventory challenges that plagued fundamentals in 2024.
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Read More on MBLY:
- Optimistic Long-Term Growth Outlook for Mobileye Global, Inc. Despite Conservative Near-Term Guidance
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