Mobileye Rises for Third Day After Presentation at Conference

  • Maker of driverless-car technology cites client ‘validation’
  • Berenberg analyst begins coverage with buy recommendation

Mobileye NV rose the most in three months Friday, heading for a third straight daily gain after analysts reacted positively following a conference presentation Tuesday by the maker of driverless-car technology used by automakers such as Tesla Motors Inc.

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