Mobileye shares are trading lower. RBC Capital lowered its price target on the stock from $34 to $24.
Portfolio Pulse from Benzinga Newsdesk
Mobileye shares are trading lower after RBC Capital lowered its price target on the stock from $34 to $24.
August 14, 2024 | 6:31 pm
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NEGATIVE IMPACT
Mobileye shares are trading lower after RBC Capital lowered its price target from $34 to $24.
The reduction in the price target by RBC Capital is a negative signal to investors, likely causing a short-term decline in Mobileye's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100