JP Morgan Maintains Neutral on Mobileye Global, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains a Neutral rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $24 to $16.
August 02, 2024 | 12:17 pm
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JP Morgan analyst Samik Chatterjee maintains a Neutral rating on Mobileye Global but lowers the price target from $24 to $16.
The lowered price target from $24 to $16 by JP Morgan suggests a less optimistic outlook for Mobileye Global, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100