JPMorgan analyst Sandeep Deshpande placed both STMicroelectronics (STM) and Infineon (IFNNY) on “Positive Catalyst Watch” into the earnings reports while keeping a Neutral rating on both names. There are indications that China orders for microcontroller units have improved for STM with the inventory correction that plagued this segment easing, the analyst tells investors in a research note. For Infineon, JPMorgan says end market restocking could support a fiscal 2025 guidance raise.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STM:
- STMicroelectronics Completes Share Buyback Program in June 2025
- STMicroelectronics price target raised to EUR 30 from EUR 26 at Deutsche Bank
- STMicroelectronics Completes Share Buy-Back Program in June 2025
- Unusually active option classes on open June 4th
- STMicroelectronics Completes Share Buy-Back Program in May 2025