Susquehanna analyst Christopher Rolland raised the firm’s price target on STMicroelectronics (STM) to $40 from $35 and keeps a Positive rating on the shares. The firm updated its model following meetings with management who relayed Industrial and Auto are expected to recover in 2026, while AI and LEO also layer on. 800VDC in data centers, humanoids and SiPho foundry remain potent opportunities.
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