Mobileye Global (NASDAQ:MBLY) Research Coverage Started at Bank of America

Bank of America initiated coverage on shares of Mobileye Global (NASDAQ:MBLYGet Rating) in a research report sent to investors on Monday, Marketbeat reports. The firm issued a neutral rating and a $34.00 price objective on the stock.

Other equities analysts also recently issued reports about the stock. Citigroup initiated coverage on shares of Mobileye Global in a report on Monday. They set a buy rating for the company. The Goldman Sachs Group initiated coverage on shares of Mobileye Global in a report on Monday. They set a buy rating and a $36.00 price target for the company. Cowen initiated coverage on shares of Mobileye Global in a report on Monday. They set an outperform rating and a $35.00 price target for the company. Robert W. Baird initiated coverage on shares of Mobileye Global in a report on Monday, November 14th. They set an outperform rating and a $36.00 price target for the company. Finally, Wolfe Research began coverage on shares of Mobileye Global in a report on Monday. They set a peer perform rating for the company. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average target price of $37.27.

Mobileye Global Stock Performance

Shares of MBLY stock opened at $29.31 on Monday. Mobileye Global has a 12-month low of $24.85 and a 12-month high of $31.88.

Insider Transactions at Mobileye Global

In other Mobileye Global news, CEO Amnon Shashua purchased 476,191 shares of the stock in a transaction dated Friday, October 28th. The stock was bought at an average price of $21.00 per share, for a total transaction of $10,000,011.00. Following the transaction, the chief executive officer now directly owns 476,191 shares in the company, valued at $10,000,011. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Mobileye Global news, CEO Amnon Shashua purchased 476,191 shares of the stock in a transaction dated Friday, October 28th. The stock was bought at an average price of $21.00 per share, for a total transaction of $10,000,011.00. Following the transaction, the chief executive officer now directly owns 476,191 shares in the company, valued at $10,000,011. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Safroadu Yeboah-Amankwah purchased 47,519 shares of the stock in a transaction dated Friday, October 28th. The shares were acquired at an average price of $21.00 per share, with a total value of $997,899.00. Following the transaction, the director now owns 47,519 shares in the company, valued at $997,899. The disclosure for this purchase can be found here.

About Mobileye Global

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Mobileye Global Inc engages in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions worldwide. The company offers Driver Assist, which comprise ADAS and autonomous vehicle solutions that covers safety features, such as real-time detection of road users, geometry, semantics, and markings to provide safety alerts and emergency interventions; Cloud-Enhanced Driver Assist, a solution for drivers with interpretations of a scene in real-time; Mobileye SuperVision Lite, a driver assist solution; and Mobileye SuperVision, an operational point-to-point assisted driving navigation solution on various road types and includes cloud-based enhancements, such as road experience management and supports over-the-air updates.

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Analyst Recommendations for Mobileye Global (NASDAQ:MBLY)

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