Vetr Crowd Pounds The Table On Mobileye

• Shares of Mobileye NV MBLY gained more than 5 percent early Thursday morning before slightly selling off.
• The Vetr crowd upgraded Mobileye's rating to 4-stars out of a possible 5-stars from a prior rating of just 3-stars.
• Eighty-seven percent of the crowd's ratings are bullish while the crowd-sourced price target of $43.57 implies an upside of just under 6 percent.

Shares of Mobileye are nearly flat since the start of 2015 and have seen tremendous volatility given the stock's near 25 percent decline over the past six months. Mobileye's stock has come under attack on two fronts: the first being by notable short seller Citron Research who named the company as his top short pick in 2016. The second came from various market reports suggesting that Mobileye could see a key client, Tesla Motors Inc TSLA end their relationship and replace Mobileye's technology with other competing products. However, Tesla confirmed in a blog post that it has no plans to replace Mobileye's technology in its future cars. Related Link: Popeyes Moved To 3.5-Star Stock By Vetr Crowd Coinciding with Tesla's announcement, the Vetr crowd upgraded Mobileye's stock rating to 4.0-stars out of a possible 5-stars from a prior rating of 3.0 stars. In addition to the new bullish stance, 87 percent of the crowd's ratings are bullish and the crowd-sourced price target of $43.57 implies an upside of 5.9 percent. Meanwhile, the Vetr crowd is less bullish on Tesla's stock given the 3.0-star rating and a crowd-sourced price target of $237.84 which implies an upside of just 2.76 percent. In addition, 25.9 percent of the crowd's ratings are bearish, or Sell recommendations.