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STMicroelectronics NV (0INB) Receives a Hold from Morgan Stanley

Tipranks - Tipranks - Tue Feb 3, 2:26PM CST

In a report released today, Lee Simpson from Morgan Stanley maintained a Hold rating on STMicroelectronics NV, with a price target of €24.00.

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Simpson covers the Technology sector, focusing on stocks such as Synopsys, STMicroelectronics NV, and ARM Holdings PLC ADR. According to TipRanks, Simpson has an average return of 4.8% and a 59.30% success rate on recommended stocks.

In addition to Morgan Stanley, STMicroelectronics NV also received a Hold from TipRanks – DeepSeek’s DeepSeek Technology GB in a report issued yesterday. However, on January 30, Citi maintained a Buy rating on STMicroelectronics NV (LSE: 0INB).

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0INB market cap is currently €21.26B and has a P/E ratio of 141.51.

Based on the recent corporate insider activity of 64 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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