Mobileye Hints At Future Technology Expansion, Will Reveal Details At CES

Shares of Mobileye NV MBLY are lower by more than 2 percent since the start of 2015 as the company has turned into a hotly contested bull versus bear argument.

Notable short selling research firm Citron Research named the company as its top short pick for 2016 with a $25 price target, while some of Wall Street's top analysts are positive on the company with price targets north of $70 per share.

Mobileye's management announced on Wednesday it will be a presenter at the upcoming CES (Consumer Electronics Show) on Wednesday, January 6, 2016 at 10:30 a.m. PST.

Mobileye's co-founder, Chairman and CTO, Professor Amnon Shashua will reveal the company's plans for future technology expansion, and provide more details about its enhanced roadmap with a focus on autonomous driving.

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Posted In: NewsShort SellersEventsAmnon ShashuaAutonomous DrivigCESMobileye
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