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STMicroelectronics NV (0INB): New Buy Recommendation for This Technology Giant

Tipranks - Tipranks - Wed Jan 28, 8:01PM CST

In a report released on January 26, Sebastien Sztabowicz from Kepler Capital maintained a Buy rating on STMicroelectronics NV, with a price target of €30.00. The company’s shares closed last Monday at €24.01.

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Sztabowicz covers the Technology sector, focusing on stocks such as Infineon Technologies AG, ams-OSRAM, and Soitec SA. According to TipRanks, Sztabowicz has an average return of -5.0% and a 42.82% success rate on recommended stocks.

In addition to Kepler Capital , STMicroelectronics NV also received a Buy from UBS’s Francois Xavier Bouvignies in a report issued on January 26. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on STMicroelectronics NV (LSE: 0INB).

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0INB market cap is currently €21.42B and has a P/E ratio of 47.05.

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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