Analyst Update: Mobileye NV, Buffalo Wild Wings, and AK Steel Holding Corporation

Analysts revised their ratings and price targets on Mobileye NV (NYSE:MBLY), Buffalo Wild Wings (NASDAQ:BWLD), and AK Steel Holding Corporation (NYSE:AKS)

by Josh Selway

Published on Jul 27, 2016 at 2:29 PM

Analysts are weighing in on automotive technology stock Mobileye NV (NYSE:MBLY), restaurant stock Buffalo Wild Wings (NASDAQ:BWLD), and steel concern AK Steel Holding Corporation (NYSE:AKS)Here's a quick roundup of today's brokerage notes on MBLY, BWLD, and AKS. 

  • After selling off Tuesday on news the company severed ties with Tesla Motors Inc (NASDAQ:TSLA)MBLY has rebounded 4.7% to trade at $47.47. Lifting the stock is an upgrade to "buy" at Dougherty, with the brokerage firm saying the Tesla-induced decline was an "overreaction." Most analysts are already bullish on Mobileye NV, as 71% recommend buying the stock, and not one recommends selling. This optimism comes despite the fact MBLY has shed roughly four-fifths of its value over the past 12 months. 
  • A day after Stifel downgraded the entire restaurant sector on recession concernsBWLD is rallying thanks to a round of bullish analyst attention. Barclays, CLSA, Raymond James, and Credit Suisse all raised their price targets on the stock, with the latter noting hedge fund Marcato Capital Management's recent stake in the firm as potential support. This all comes after the company last night reported solid quarterly results. Buffalo Wild Wings was last seen 9.1% higher at $160.37, putting the stock back into positive year-to-date territory and on pace for its first close above its 200-day moving average since last October. This is rough news for short sellers, who control 13% of BWLD's total float. 
  • Like this fellow steel stockAKS is booming today, thanks to better-than-expected earnings and an upbeat current-quarter outlook. Cowen, Jefferies, CLSA, and J.P Morgan Securities all raised their price targets, with the latter expecting the stock to rally to $8.50 -- a level not seen in nearly two years. Currently, AK Steel Holding Corporation is trading at $6.59, up 6.6% on the day, after tapping a fresh annual high of $7.09 earlier -- a far cry from $2.24, where it started the year. Despite the unbelievable move higher, most analysts are still bearish on AKS, with 11 of 13 rating it a "hold" or worse. 
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