Citigroup Reinstates Buy on Mobileye Global, Announces $71 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Itay Michaeli reinstated Mobileye Global (NASDAQ:MBLY) with a Buy rating and announced a $71 price target.
June 13, 2023 | 2:19 pm
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Citigroup analyst Itay Michaeli reinstated a Buy rating on Mobileye Global (NASDAQ:MBLY) and set a $71 price target.
The reinstatement of a Buy rating by Citigroup analyst Itay Michaeli and the announcement of a $71 price target for Mobileye Global (NASDAQ:MBLY) is a positive signal for the stock. This news indicates that the analyst sees potential upside in the stock, which could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100