Mobileye in ‘Pole Position’ to Be VW Supplier: Morgan Stanley
2015-08-03 12:31:04.708 GMT
By Beth Mellor
(Bloomberg) -- Mobileye, Delphi Automotive in “pole
position” to become Volkswagen’s core advanced driver
assistance systems (ADAS) suppliers, Morgan Stanley analyst Ravi
Shanker (rates MBLY overweight) says.
* Notes MBLY was recently added to VW list of suppliers as
part of Future Automotive Supply Tracks (FAST) initiative
and MBLY, DLPH are the only ADAS suppliers on list
* May pave the way for MBLY to become VW’s core vision systems
supplier, which would be key catalyst for stock
* NOTE: MBLY reports 2Q results Aug. 6
* NOTE: MBLY 12 buy ratings, 2 holds, 0 sells, avg. PT ~$67:
Bloomberg data
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To contact the reporter on this story:
Beth Mellor in New York at +1-212-617-3078 or
bmellor@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Beth Mellor
2015-08-03 12:31:04.708 GMT
By Beth Mellor
(Bloomberg) -- Mobileye, Delphi Automotive in “pole
position” to become Volkswagen’s core advanced driver
assistance systems (ADAS) suppliers, Morgan Stanley analyst Ravi
Shanker (rates MBLY overweight) says.
* Notes MBLY was recently added to VW list of suppliers as
part of Future Automotive Supply Tracks (FAST) initiative
and MBLY, DLPH are the only ADAS suppliers on list
* May pave the way for MBLY to become VW’s core vision systems
supplier, which would be key catalyst for stock
* NOTE: MBLY reports 2Q results Aug. 6
* NOTE: MBLY 12 buy ratings, 2 holds, 0 sells, avg. PT ~$67:
Bloomberg data
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Beth Mellor in New York at +1-212-617-3078 or
bmellor@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Beth Mellor