Mobileye: positive broker comments boost stock

(CercleFinance.com) - Mobileye shares are up in early trading in New York, boosted by analysts at Mizuho increasing their target price for them, hailing the healthy state of the autonomous driving market.


Less than 15 minutes after the opening bell, the stock was up almost 1%, about double the Nasdaq at the same time.

In their morning comments, Mizuho's teams cite a buoyant environment in electric vehicles and advanced driver assistance systems (ADAS), which should benefit the Israeli group.


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