Tuesday, August 26, 2014

Why Mobileye (MBLY) Stock Is Up Today

NEW YORK (TheStreet) -- Shares of Mobileye NVa are up 5.05% to $40.12 after Barclaysa initiated coverage onathe camera technology company on Tuesday with an "overweight" rating and a $49 price target. Citigroup also began coverage on shares of Mobileye Tuesdayawithaa "buy" rating and a $48 price target. The firm noted potential upside of 25.69% from the stock's previous close of $38.19. Analysts at Morgan Stanley said Mobileye's products will be a key component of cars that drive themselves because its products enable vehicles to see and interpret their surrounding environments. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. MBLY data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.


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