JPMorgan Downgrades Mobileye N.V (MBLY) to Underweight

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Go back to JPMorgan Downgrades Mobileye N.V (MBLY) to Underweight

Mobileye cut to Neutral at UBS as a return to growth is further out

October 4, 2024 8:47 AM EDT

Investing.com -- Mobileye Global (NASDAQ: MBLY) was downgraded to Neutral from Buy at UBS on Friday, with a new price target of $14, down from $20.

According to UBS analysts, while Mobileye holds long-term potential as a key partner for non-Chinese automakers, a return to significant growth is now expected to take longer than initially... More

UBS Downgrades Mobileye N.V (MBLY) to Neutral

October 4, 2024 2:55 AM EDT

UBS analyst Joseph Spak downgraded Mobileye N.V (NASDAQ: MBLY) from Buy to Neutral with a price target of $14.00 (from $20.00).

The analyst comments: "We are, admittedly, late here as MBLY stock has meaningfully underperformed, and the company's challenges (China mix, SuperVision pushouts,... More