Mobileye price target raised to $52 from $44 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Mobileye to $52 from $44 and keeps a Buy rating on the shares. Increasing adoption of ADAS, or Advanced Driver-Assistance System, technology presents a "massive growth opportunity" and Mobileye offers investors a pure play on the ongoing growth and increasing deployment of these technologies given its "industry-leading" position, the analyst tells investors.