RBC Capital Markets Downgrades Mobileye Global to Underperform
RBC Capital Markets has downgraded Mobileye Global Inc. from Sector Perform to Underperform and lowered its price target from $7 to $5.
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Mobileye has received the first inspection certificate from safety auditor TÜV SÜD for its automatic emergency braking (AEB) development process.
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RBC Capital Markets has downgraded Mobileye Global Inc. from Sector Perform to Underperform and lowered its price target from $7 to $5.
U.S. futures mixed; Netflix fell 6% after mixed Q3 results and weaker guidance. Alpha Teknova, Intuitive Surgical and others also declined premarket.
Evercore ISI Group analyst Chris McNally maintains Mobileye Global (NASDAQ:MBLY) with a Outperform and lowers the price target from $16 to $11.