Truist raised the firm’s price target on Sensata (ST) to $38 from $35 and keeps a Hold rating on the shares. The company’s Q4 earnings beat showed improving execution and sensible re-segmenting, the analyst tells investors in a research note. Sensata positioning is one that supports relatively lower growth however, the firm adds.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ST:
- Sensata price target raised to $37 from $32 at Evercore ISI
- Sensata price target raised to $40 from $37 at BofA
- Sensata price target raised to $40 from $39 at Baird
- Sensata: Solid Execution, Margin Outperformance, and Emerging Growth Drivers Underpin Buy Rating
- Sensata sees Q1 adjusted EPS 81c-85c, consensus 83c