Sensata price target lowered to $30 from $37 at UBS

UBS lowered the firm’s price target on Sensata (ST) to $30 from $37 and keeps a Buy rating on the shares. The macro environment and tariffs will impact connector earnings, but UBS sees a track record of passing on costs, history of resiliency, and better mid-term stories, the analyst tells investors in a research note. Sensata’s skew looks favorable given the selloff, the firm adds.