* Hearing initiated with Buy at Dougherty; tgt $45
* initiated with an Overweight at Barclays; tgt $49* initiated with a Overweight at Morgan Stanley; tgt $46
* initiated with a Outperform at Wells Fargo
* initiated with a Neutral at Goldman; tgt $45* initiated with a Buy at Deutsche Bank* initiated with a Neutral at Robert W. Baird; tgt $42Robert W. Baird initiates MBLY with a Neutral and price target of $42. Global efforts to reduce traffic fatalities are leading to regulations that firm expects drive greater penetration of Advanced Driver Assistance Safety (ADAS). When priced and packaged properly, consumers are buying these technologies to reduce collisions and lower insurance costs. Market leader Mobileye provides imaging technology to enable many of these systems. Firm believes the growth opportunity and profitability are very attractive; however, firm is concerned with valuation and what seem to be overly aggressive expectations
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