UBS Maintains Buy on Mobileye Global, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joseph Spak maintains a Buy rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $22 to $20.

August 15, 2024 | 1:26 pm
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NEUTRAL IMPACT
UBS analyst Joseph Spak maintains a Buy rating on Mobileye Global but lowers the price target from $22 to $20.
The Buy rating suggests continued confidence in Mobileye Global's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100