Needham Maintains Buy on Mobileye Global, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $36 to $25.
August 02, 2024 | 11:07 am
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Needham analyst Quinn Bolton maintains a Buy rating on Mobileye Global but lowers the price target from $36 to $25.
The lowered price target from $36 to $25 suggests a more cautious outlook on Mobileye Global's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100