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.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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