Mobileye rallies on Dougherty coverage launch

|About: Mobileye (MBLY)|By:, SA News Editor

Dougherty has launched coverage on Mobileye (MBLY +3.5%) with a Buy and $45 target.

The move comes 6 days after RBC started coverage with an Outperform. Shares are now up 39% from their $25 IPO price, but remain below their $36 opening trade.

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