Connect with us

Hi, what are you looking for?

Jewish Business News


Mobileye: Overweight Rating Reaffirmed At Barclays

Analysts at Barclays maintain an “Overweight” rating on Mobileye, citing meaningful upside on its mono-vision technology

Mobileye driverless car


Analysts at Barclays have reiterated an “Overweight’ rating on Mobileye NV (NYSE:MBLY) stock, along with a 12-month target price of $76 after its recent sell-off. Barclays believes the concerns surrounding Mobileye stock are highly exaggerated and expects the company to maintain its leading position in the coming quarters.

According to the research firm, Mobileye will continue to perform well in the upcoming quarters as compared to its industry peers, despite increased competitive pressures in the semi-autonomous market. Mobileye is expected to become a market leader with its upcoming Automatic Emergency Braking (AEB) technology


Read the full story at Business ETC, by: Larry Darrell




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...


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


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.