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Mobileye Global, Inc. Class A (MBLY) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri Apr 24, 12:58PM CDT

Mizuho Securities analyst Vijay Rakesh maintained a Hold rating on Mobileye Global, Inc. Class A today and set a price target of $9.00.

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According to TipRanks, Rakesh is a top 25 analyst with an average return of 57.5% and a 71.20% success rate. Rakesh covers the Technology sector, focusing on stocks such as Micron, Texas Instruments, and ARM Holdings PLC ADR.

In addition to Mizuho Securities, Mobileye Global, Inc. Class A also received a Hold from J.P. Morgan’s Samik Chatterjee in a report issued on April 16. However, today, Needham maintained a Buy rating on Mobileye Global, Inc. Class A (NASDAQ: MBLY).

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Based on Mobileye Global, Inc. Class A’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $446 million and a GAAP net loss of $127 million. In comparison, last year the company earned a revenue of $490 million and had a GAAP net loss of $71 million

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