Jefferies Reaffirms Their Buy Rating on STMicroelectronics NV (0INB)
Jefferies analyst Janardan Menon maintained a Buy rating on STMicroelectronics NV today and set a price target of €52.00.
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According to TipRanks, Menon is a 5-star analyst with an average return of 14.5% and a 61.96% success rate.
In addition to Jefferies, STMicroelectronics NV also received a Buy from Citi’s Andrew Gardiner in a report issued today. However, on the same day, J.P. Morgan maintained a Hold 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.
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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
