RBC Capital analyst Tom Narayan raised the firm’s price target on Mobileye to $48 from $42 and keeps an Outperform rating on the shares after its Q2 earnings beat. The company is quickly putting Zeekr issues into the rearview mirror with non- China OEM wins on the horizon, the analyst tells investors in a research note. Mobileye management commentary on the earnings call also makes the firm “incrementally more confident” in the company’s 2026 roadmap, RBC adds.
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