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Fly News Breaks for August 12, 2016
MBLY
Aug 12, 2016 | 07:38 EDT
KeyBanc says that it has become more bearish on Mobileye after speaking with suppliers at a technology conference. According to the firm, the sensing/processing layer and the driver policy/path planning layer of autonomous vehicles will probably not be made by the same vendors. KeyBanc said it had hoped that Mobileye could move into the driver policy/path planning layer. It keeps a Sector Weight rating on the shares.
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