UBS lowered the firm’s price target on STMicroelectronics (STM) to EUR 30 from EUR 31 and keeps a Buy rating on the shares following the earnings report. The company’s recovery is slower than expected but should see steady progress in both revenue and gross margin through 2026, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STM:
- STMicroelectronics price target lowered to EUR 20 from EUR 22 at Barclays
- Hold Rating for STMicroelectronics NV Amid Market Challenges and Potential Growth Opportunities
- STMicroelectronics Reports Q3 2025 Financial Results
- STMicroelectronics Faces Margin Pressures and Uncertain Path to EPS Growth Despite Gradual Recovery
- STMicroelectronics Earnings Call: Mixed Signals Amid Growth