UBS Reaffirms Their Buy Rating on STMicroelectronics NV (0INB)
In a report released today, Francois Xavier Bouvignies from UBS maintained a Buy rating on STMicroelectronics NV, with a price target of €31.00.
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According to TipRanks, Xavier Bouvignies is a 4-star analyst with an average return of 9.0% and a 58.64% success rate. Xavier Bouvignies covers the Technology sector, focusing on stocks such as STMicroelectronics NV, Nokia, and Soitec SA.
In addition to UBS, STMicroelectronics NV also received a Buy from Kepler Capital ‘s Sebastien Sztabowicz in a report issued on February 1. However, yesterday, TipRanks – OpenAI reiterated a Hold rating on STMicroelectronics NV (LSE: 0INB).
0INB market cap is currently €21.51B and has a P/E ratio of 143.14.
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 completes acquisition of NXP Semiconductors MEMS business
- STMicroelectronics price target raised to EUR 24 from EUR 22 at Morgan Stanley
- 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
