Zeekr (ZK) and Mobileye (MBLY) to Accelerate Technology Collaboration in China
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Morgan Stanley Upgrades Mobileye N.V (MBLY) to Equalweight
August 2, 2024 6:08 AM EDTMorgan Stanley analyst Adam Jonas upgraded Mobileye N.V (NASDAQ: MBLY) from Underweight to Equalweight with a price target of $18.00 (from $25.00).
The analyst comments "Three Key Drivers of our Upgrade to Equal-Weight: 1. Consensus has been reset. After a series of profit warnings, consensus expectations for FY24 and FY25 should fall significantly. We believe that upon this earnings release, SuperVision expectations will now be sufficiently revised downward. We believe this... More
