Susquehanna Maintains Positive on STMicroelectronics, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Positive rating on STMicroelectronics but lowers the price target from $45 to $35.
October 21, 2024 | 1:06 pm
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Susquehanna maintains a Positive rating on STMicroelectronics but lowers the price target from $45 to $35, indicating a more cautious outlook.
The lowered price target from $45 to $35 suggests a more cautious outlook on STM's future performance, which could lead to short-term negative sentiment among investors despite the maintained Positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100