Mobileye slips after Intel announces plans to sell $1.5 billion stake

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Go back to Mobileye slips after Intel announces plans to sell $1.5 billion stake

Canaccord Genuity starts Mobileye (MBLY) at Buy, sees long-term potential

June 7, 2023 9:17 AM EDT

Canaccord Genuity initiated coverage of Mobileye Global Inc. (NASDAQ: MBLY) with a Buy rating and set their 12-month price target for the stock at $50.00 as analyst George Gianarikas sees vehicle autonomy as one of the highest value-creating technologies to be deployed. Ever.

Gianarikas wrote in a note, Full... More