Mobileye, Up 55% In ’15, Hits New High On PT Hike

By | August 17, 2015

Scalper1 News

Tesla Motors (TSLA) supplier Mobileye (MBLY) hit an all-time high in the stock market today after Morgan Stanley boosted its price target on the developer of technology for camera-based driver assistance systems from 68 to 80. The analysts also reiterated their outperform rating on Mobileye. Shares were up 5.3% in fast trade after earlier touching an intraday high. The stock has risen nearly 30% since breaking out of a cup-with-handle base in Scalper1 News

Scalper1 News