Goldman Sachs Upgrades STMicroelectronics to Neutral, Raises Price Target to $45.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded STMicroelectronics (NYSE:STM) from Sell to Neutral and raised the price target from $35.5 to $45.8.
June 18, 2024 | 9:11 am
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Goldman Sachs analyst Alexander Duval has upgraded STMicroelectronics from Sell to Neutral and increased the price target from $35.5 to $45.8.
The upgrade from Sell to Neutral and the significant increase in the price target by a reputable analyst at Goldman Sachs is likely to positively impact investor sentiment and the stock price of STMicroelectronics in the short term.
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RELEVANCE 100