STMicroelectronics NV (0INB) Gets a Hold from Goldman Sachs
In a report released today, Alexander Duval from Goldman Sachs assigned a Hold rating to STMicroelectronics NV, with a price target of €42.00.
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According to TipRanks, Duval is a 5-star analyst with an average return of 10.5% and a 56.84% success rate.
In addition to Goldman Sachs, STMicroelectronics NV also received a Hold from J.P. Morgan’s Sandeep Deshpande in a report issued on April 21. However, today, Citi maintained a Buy rating on STMicroelectronics NV (LSE: 0INB).
The company has a one-year high of €44.30 and a one-year low of €18.21. Currently, STMicroelectronics NV has an average volume of 6.33M.
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 EUR 52 from EUR 31 at Citi
- STMicroelectronics price target raised to $60 from $55 at Susquehanna
- STMicroelectronics price target raised to $50 from $39 at TD Cowen
- STMicroelectronics price target raised to $90 from $45 at Baird
- Balancing Improving Growth Drivers Against Margin Constraints: Rationale for Maintaining a Hold Rating
