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Equities researchers at Wells Fargo & Co. began coverage on shares of Mobileye NV (NASDAQ:MBLY) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

Mobileye NV (NASDAQ:MBLY) opened at 38.19 on Tuesday. Mobileye NV has a one year low of $31.11 and a one year high of $41.50. The stock’s 50-day moving average is $35.24 and its 200-day moving average is $35.24. The company’s market cap is $1.225 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at William Blair initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set an “outperform” rating on the stock. Separately, analysts at Robert W. Baird initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set a “neutral” rating and a $42.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Mobileye NV in a research note on Tuesday. They set an “overweight” rating and a $46.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $45.00.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (NASDAQ:MBLY).

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