Mobileye initiated with a Buy at Tigress Financial

Tigress Financial analyst Ivan Feinseth initiated coverage of Mobileye with a Buy rating and $44 price target. The company’s "leading position" in advanced driver-assistance systems and autonomous vehicle technology development and deployment position it well to capitalize on a "massive" market opportunity, Feinseth tells investors in a research note. The analyst says Mobileye offers investors a "pure play in the ongoing growth and increasing deployment of these automotive industry changing technologies."