NEW YORK ( TheStreet ) -- Shares of Mobileye ( MBLY ) are advancing after Deutsche Bank upgraded the stock and Citigroup wrote that it was more confident after meeting with the company's CFO. Mobileye designs software and chips for camera-based, advanced automatic driver-assist systems, or ADAS. WHAT'S NEW: Deutsche Bank's checks indicate that Mobileye has had more contract wins than expected, Rod Lache, an analyst at the bank stated. The company has won all of the visual ADAS deals awarded over the past several months, he believes. Moreover, there is evidence that competitors are falling behind Mobileye in ADAS, according to Lache. More evidence of this trend may arise in coming months as several large contracts are awarded, the analyst believes. Future contract awards should mitigate investors' concerns about the outlook for Mobileye's Trifocal semi-autonomous solutions, Lache contended.