Mobileye Shares Drop as Jefferies Initiates Coverage with Underperform Rating

Mobileye (MBLY) shares fell over 8% after investment firm Jefferies initiated coverage on the company with an 'Underperform' rating, citing limited near-term upside despite long-term opportunities in robotaxis and humanoids.

By Chris Ciaccia, SA News Editor · Seeking Alpha ·

Mobileye Shares Drop as Jefferies Initiates Coverage with Underperform Rating

Tickers: $MBLY

Topics: Jefferies Mobileye stock ratings

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