Deutsche Bank analyst Robert Sanders raised the firm’s price target on STMicroelectronics (STM) to EUR 42 from EUR 32 and keeps a Buy rating on the shares.
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 STM:
- Unusually active option classes on open May 15th
- STMicroelectronics price target raised to EUR 49 from EUR 42 at BofA
- Didier Scemama Maintains Hold on STM, Lifts Price Target to €49 on Long-Term LEO Upside but Limited Near-Term Valuation Upside
- STMicroelectronics Posts Strong Year-on-Year Q1 2026 Revenue Growth Despite Sequential Dip
- Analyst Reiterates Hold on STMicroelectronics, Maintains $50 Price Target Amid Growth and Margin Uncertainties