BofA raised the firm’s price target on Sensata (ST) to $40 from $37 and keeps a Neutral rating on the shares following what the firm calls “another solid quarter.” The firm sees “encouraging progress,” paving the road to “steady execution,” but adds that clear visibility on the company’s near-term setup and inflection point remains uncertain.
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Read More on ST:
- 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
- Sensata reports Q4 adjusted EPS 88c, consensus 86c
- Sensata Technologies (ST) Q4 Earnings Cheat Sheet