Mobileye's supply glut warning rattles auto chip stocks

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Deutsche Bank eyes good entry point for Mobileye (MBLY) shares, 'bad news priced in'

January 5, 2024 10:02 AM EST

The bad news for Mobileye (NASDAQ: MBLY) shares is priced in, and now is a good entry point for a long-term growth story, according to Deutsche Bank analysts on Friday.

The bank, which has a Buy rating and $39 price target on the... More