NEW YORK (TheStreet) -- Shares of Mobileye N.V. (MBLY) are falling 2.65% to $55.10 in pre-market trading after the collision-avoidance technology company was downgraded to "hold" from "buy" at Deutsche Bank (DB) this morning.
The firm cited valuation following the recent rally of the stock and said they have a very favorable view on the company's long-term prospects.
Analysts at Deutsche Bank kept its $53 price target on the shares.
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