10 Firms Mirror Wall Street Decline

2. Mobileye Global Inc. (NASDAQ:MBLY)

Mobileye Global, an Israel-based autonomous driving company, saw its share prices on Tuesday drop by 10.51 percent or $2.3 to finish at $19.55 apiece, with investor sentiment weighed down by a global market downturn.

Several analysts posted a more conservative outlook on the company. Evercore ISI recently cut its price target on Mobileye from $35.00 to $30.00, while giving it an “outperform” rating.

Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $15.00 price objective, while Barclays lowered its target for the company from $19.00 to $18.00.

Two research analysts gave the stock a sell rating, while ten provided a hold rating. Eleven have issued a buy rating and one has given a strong buy rating to the stock.