RBC Capital Downgrades Mobileye Global to Sector Perform, Announces $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Mobileye Global from Outperform to Sector Perform, setting a price target of $11.
October 15, 2024 | 10:49 am
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RBC Capital has downgraded Mobileye Global from Outperform to Sector Perform, with a new price target of $11.
The downgrade from Outperform to Sector Perform by RBC Capital suggests a less optimistic view on Mobileye's future performance. The $11 price target indicates a potential downside from current levels, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100