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Raymond James Adjusts Mobileye Global Inc. (MBLY) to $16, Cites Earnings Leverage Potential
Yahoo Finance· 2026-02-25 02:29
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 ...