Deutsche Bank starts Mobileye at Buy, expects considerable revenue acceleration
The Fly

Deutsche Bank starts Mobileye at Buy, expects considerable revenue acceleration

Deutsche Bank analyst Emmanuel Rosner initiated coverage of Mobileye with a Buy rating and $48 price target. The company’s technology is positioned to capture meaningful share of the fast-growing autonomous driving market, much the same way it has become dominant in ADAS, the analyst tells investors in a research note. Rosner adds that Mobileye is at the start of considerable revenue and earnings acceleration.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on MBLY:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App