TD Cowen Maintains Outperform on STMicroelectronics, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains an Outperform rating on STMicroelectronics (NYSE:STM) and raises the price target from $56 to $65.
July 28, 2023 | 2:15 pm
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TD Cowen analyst Matthew Ramsay maintains an Outperform rating on STMicroelectronics and raises the price target from $56 to $65.
The raised price target by TD Cowen indicates a positive outlook for STMicroelectronics. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100