Information Provided By:
Fly News Breaks for February 13, 2017
VLKAY, MBLY
Feb 13, 2017 | 16:14 EDT
Mobileye's (MBLY) agreement with Volkswagen (VLKAY) is not expected given the previously disclosed memorandum of understanding, but it is important nonetheless, Jefferies analyst David Kelley tells investors in a research note. The deal substantiates Mobileye's "strong" early positioning" in the integral segment of the "rapidly developing" autonomous vehicle sector, the analyst contends. He keeps a Buy rating on the shares with a $52 price target.
News For MBLY;VLKAY From the Last 2 Days
There are no results for your query MBLY;VLKAY