Goldman Sachs Sticks to Its Hold Rating for STMicroelectronics NV (0INB)
In a report released today, Alexander Duval from Goldman Sachs maintained a Hold rating on STMicroelectronics NV, with a price target of €24.20.
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According to TipRanks, Duval is a 4-star analyst with an average return of 7.9% and a 56.15% success rate. Duval covers the Technology sector, focusing on stocks such as Logitech, Infineon Technologies AG, and ASM International NV.
In addition to Goldman Sachs, STMicroelectronics NV also received a Hold from TipRanks – Anthropic’s Anthropic Technology GB in a report issued today. However, on the same day, UBS maintained a Buy rating on STMicroelectronics NV (LSE: 0INB).
The company has a one-year high of €28.41 and a one-year low of €15.76. Currently, STMicroelectronics NV has an average volume of 4.44M.
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.
Read More on GB:0INB:
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- STMicroelectronics price target lowered to $28 from $29 at Mizuho
- Balancing Early Cycle Recovery With Persistent Headwinds: Justifying a Hold Rating and $32/€27.50 Target Pending Clear EPS and Margin Progress
- Buy Rating Underpinned by Accelerating Data Center Growth, Transitory Auto/Industrial Weakness, and Multi‑Year Structural Drivers in SiC, SiPh, and MCUs
- STMicroelectronics reports Q4 EPS 11c, consensus 14c
- STMicroelectronics sees Q1 revenue $3.04B, consensus $3.04B
