Mobileye Catches An Upgrade To 4 Stars By Vetr

Mobileye NV MBLY shares are trading up over 5 percent over the past month entering Friday’s open, and the Vetr community has upgraded the company from 3 to 4 stars. Mobileye has rebounded recently after announcing on a conference call that is was no longer cooperating with Tesla Motors Inc. TSLA in late July.

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Vetr members have given Mobileye a Buy rating and a $51.28 price target. This price target is lower than the $51.96 price target from Wall Street analysts. The company opened Friday around $46.

Of all Vetr raters, 70 percent believe traders and investors should purchase Mobileye stock.

For Vetr’s full analysis of Mobileye, go here.