STMicroelectronics NV (0INB) Receives a Buy from Deutsche Bank
In a report released today, Johannes Schaller CFA from Deutsche Bank maintained a Buy rating on STMicroelectronics NV, with a price target of €52.00.
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According to TipRanks, Schaller CFA is a 4-star analyst with an average return of 5.8% and a 50.00% success rate.
In addition to Deutsche Bank , STMicroelectronics NV also received a Buy from Jefferies’s Janardan Menon in a report issued yesterday. However, on the same day, Barclays maintained a Sell rating on STMicroelectronics NV (LSE: 0INB).
The company has a one-year high of €43.09 and a one-year low of €18.21. Currently, STMicroelectronics NV has an average volume of 6.18M.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0INB in relation to earlier this year.
Read More on GB:0INB:
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- STMicroelectronics price target raised to $90 from $45 at Baird
- Balancing Improving Growth Drivers Against Margin Constraints: Rationale for Maintaining a Hold Rating
- Midday Fly By: Tesla, IBM slide despite quarterly beats
- STMicroelectronics: Revenue Beat and Constructive Outlook Offset by In-Line Margins, Justifying Hold Rating
- Buy Rating Backed by Margin Trough, Above-Seasonal Growth Outlook, and Manufacturing Restructuring Upside
