JP Morgan Maintains Overweight on Mobileye Global, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Mobileye Global (MBLY) and raises the price target from $34 to $38.

April 11, 2024 | 12:33 pm
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JP Morgan has maintained an Overweight rating on Mobileye Global and increased the price target from $34 to $38.
The upgrade in the price target by a reputable analyst like Samik Chatterjee from JP Morgan is a strong positive signal for Mobileye Global. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100