Citi says Mobileye Global could gain as adoption of its autonomous driving technology increases.
01Summary
- 01Citi expects Mobileye Global to rally as use of its autonomous driving technology grows.
- 02The note points to rising adoption of Mobileye’s self-driving systems.
- 03The story does not give a price target, valuation or timetable.
- 04No further details were provided in the source text.
02Why it matters
The note may affect how investors view Mobileye Global’s prospects if demand for autonomous driving technology keeps rising. It is also a signal that Wall Street expects broader use of the company’s products.
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