Truist Securities Maintains Hold on Sensata Technologies, Lowers Price Target to $36-Report Released on 6th February 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Hold rating on Sensata Technologies (NYSE:ST) and lowers the price target from $39 to $36 as of 6th February 2024.

February 07, 2024 | 9:35 pm
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Truist Securities maintains a Hold rating on Sensata Technologies and lowers the price target from $39 to $36.
The reduction in price target by Truist Securities could lead to a negative perception among investors, potentially causing a short-term decrease in Sensata Technologies' stock price. The Hold rating suggests that the analyst sees limited upside or downside potential, but the lowered price target indicates a revised expectation of the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100