Raymond James Adjusts Mobileye Global Inc. (MBLY) to $16, Cites Earnings Leverage Potential

We recently published an article titled 13 Best Internet of Things (IoT) Stocks to Buy Now. On January 24, Raymond James lowered its price target on Mobileye Global Inc. (NASDAQ:MBLY) to $16 from $19 while maintaining an Outperform rating following fourth-quarter results. The firm reiterated that fiscal 2026 is expected to represent a transitional year but sees potential upside emerging in late 2026. Raymond James highlighted favorable risk-reward dynamics, citing meaningful earnings leverage as increment ...