Deutsche Bank lowered the firm’s price target on Mobileye to $37 from $39 and keeps a Buy rating on the shares post the earnings report. The company’s recalibrated expectations serve as good entry point into the shares, the analyst tells investors in a research note.
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Read More on MBLY:
- Mobileye sees FY23 revenue $1.83B-$1.96B, consensus $2.06B
- Mobileye reports Q4 adjusted EPS 28c, consensus 27c
- Mobileye price target lowered to $34 from $45 at Loop Capital
- Is MBLY a Buy, Before Earnings?
- Intel initiated with a Neutral at Cantor Fitzgerald
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