Goldman Sachs Maintains Buy on Mobileye Global, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Buy rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $32 to $24.

August 02, 2024 | 4:40 pm
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Goldman Sachs analyst Mark Delaney maintains a Buy rating on Mobileye Global but lowers the price target from $32 to $24.
The maintained Buy rating suggests continued confidence in Mobileye's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100