New Street named Mobileye a top pick for 2024 while making no change to the firm’s Buy rating or $50 price target. While Q1 revenues were guided down, it makes sense, and the 2024 guidance implies rapid sequential recovery, the analyst tells investors in a research note. There are many catalysts this year, the firm contends.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MBLY:
