Connect with us

Hi, what are you looking for?

Jewish Business News

Money

Stocks To Watch: MobilEye, Zillow, DryShips, American Eagle

200282932-001

 

The Israeli driving assistance tech stock, MobilEye (MBLY) rose since its IPO, only to fall back a bit, and rise again on Tuesday on news that it was signing a deal with Toyota, one of the last remaining automakers to ink a deal with the tech company. A Citigroup analyst, Itay Michaeli, raised price targets from $48 to $62, and says he sees the Toyota deal as a “major milestone for Mobileye.” In Detroit, Toyota unveiled its Highway Driving Assist System and Intelligent Transport Systems, and it is using MobilEye to drive its innovation. Morgan Stanley analyst Ravi Shanker raised estimates for MBLY from $46 to $65, and said “competitive threats are not lurking around the corner.”

Tom Barrack, CEO of Colony Corp. had some positive things to say about real estate site Zillow (Z), and thinks the site will have a positive impact on the industry. Stephens & Co. upgraded the stock to Overweight.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

DryShips (DRYS) rose 5.23% as Deutsche Bank initiated coverage with a Buy rating and a price target of $5. Ocean shipping is expected to be the main means of transporting commodities and oil, and analyst Amit Mehrota said volume could double in the ensuing years.

American Eagle (AEO) was upgraded by Stephens & Co. from Equal Weight to Overweight on improved product offerings and successful management of inventory.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.