RBC Capital Markets Downgrades Mobileye's Rating

Reported about 1 month ago

RBC Capital Markets has downgraded Mobileye (MBLY) from Outperform to Sector Perform and significantly reduced its price target from $24 to $11, highlighting various challenges the company is currently facing. Market analysts Julie Hyman and Josh Lipton discuss these developments and their implications.

Source: YAHOO

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