Baird Maintains Outperform on Mobileye Global, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Luke Junk maintains an Outperform rating on Mobileye Global (NASDAQ:MBLY) and raises the price target from $47 to $50.
May 31, 2023 | 10:51 am
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Baird analyst Luke Junk maintains an Outperform rating on Mobileye Global and raises the price target from $47 to $50.
The news of Baird maintaining an Outperform rating and raising the price target for Mobileye Global (NASDAQ:MBLY) from $47 to $50 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its future performance. This is likely to have a positive short-term impact on the stock price as investors may view this as a sign of the company's strong prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100