JP Morgan Maintains Underweight on Sensata Technologies, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Underweight rating on Sensata Technologies and lowers the price target from $35 to $34.
October 04, 2024 | 6:30 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on Sensata Technologies and reduced the price target from $35 to $34, indicating a bearish outlook.
The Underweight rating suggests that JP Morgan expects Sensata Technologies to underperform relative to other stocks. The lowered price target from $35 to $34 further indicates a negative outlook, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100