Piper Sandler Trims Mobileye (MBLY) PT to $13 Foreseeing Divergent 2026 Auto Market

Mobileye Global Inc. (NASDAQ:MBLY) is one of the promising stocks to buy under 50.OnJanuary8,PiperSandlerloweredthefirmspricetargetonMobileyeto50. On January 8, Piper Sandler lowered the firm’s price target on Mobileye to 13 from $15 with a Neutral rating on the shares. Piper Sandler anticipates a divergent year for global auto markets in 2026. North American sales are projected to slip 1.2% as affordability remains a major hurdle for consumers; however, local production may find a floor through re-shoring efforts and reduced import competition. In Europe, Piper San ...