Mobileye rallies on Dougherty coverage launch

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.

Previous: Mobileye tumbles towards $32 as valuation concerns weigh

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Comments (2)
  • kellan
    , contributor
    Comments (144) | Send Message
    I would expect a lot of positive coverage for Mobileye as they have all the right connections. See Goldman Sachs & friends
    19 Aug 2014, 11:06 AM Reply Like
  • pamefs
    , contributor
    Comments (6) | Send Message
    Who is Dougherty?
    19 Aug 2014, 02:31 PM Reply Like
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