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Deutsche Bank Sticks to Their Buy Rating for STMicroelectronics NV (0INB)

Tipranks - Tipranks - Fri Jun 12, 5:16AM CDT

In a report released today, Robert Sanders MBA from Deutsche Bank maintained a Buy rating on STMicroelectronics NV, with a price target of €75.00.

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According to TipRanks, Sanders MBA is a 5-star analyst with an average return of 23.2% and a 61.64% success rate.

In addition to Deutsche Bank , STMicroelectronics NV also received a Buy from Bank of America Securities’s Didier Scemama in a report issued yesterday. However, on June 2, Bank of America Securities reiterated a Hold rating on STMicroelectronics NV (LSE: 0INB).

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0INB market cap is currently €54.73B and has a P/E ratio of 425.79.

Based on the recent corporate insider activity of 90 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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