Needham Maintains Buy on Mobileye Global, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on Mobileye Global (NASDAQ:MBLY) but lowers the price target from $25 to $20.
November 01, 2024 | 9:42 am
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Needham analyst Quinn Bolton maintains a Buy rating on Mobileye Global but lowers the price target from $25 to $20, indicating a more cautious outlook.
The lowering of the price target from $25 to $20 suggests a more cautious outlook on Mobileye's future performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
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