Citi analyst Itay Michaeli raised the firm’s price target on Mobileye to $72 from $71 and keeps a Buy rating on the shares. The analyst updated the company’s model post the Q2 results.
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Read More on MBLY:
- Mobileye price target raised to $48 from $42 at RBC Capital
- Mobileye price target lowered to $45 from $48 at TD Cowen
- Mobileye price target raised to $55 from $50 at Canaccord
- Mobileye (NASDAQ:MBLY) Gains on Robust Q2 Showing
- Mobileye still sees 2023 revenue $2.07B-$2.11B, consensus $2.1B
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