Barclays Maintains Overweight on Mobileye Global, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Overweight rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $40 to $27.
August 05, 2024 | 11:05 pm
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Barclays analyst Dan Levy maintains an Overweight rating on Mobileye Global but lowers the price target from $40 to $27.
The lowered price target from $40 to $27 suggests a less optimistic outlook for Mobileye Global's stock performance, which could lead to a short-term negative impact on the stock price despite the maintained Overweight rating.
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