Deep Dive Into STMicroelectronics Stock: Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
STMicroelectronics (NYSE:STM) has received mixed analyst ratings, with recent downgrades in price targets. The average 12-month price target is now $39.5, a 19.8% decrease from the previous $49.25. Analysts have lowered their ratings due to revenue challenges and a decline in growth, despite strong net margins and efficient asset use.
October 21, 2024 | 8:01 pm
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STMicroelectronics has seen a decrease in analyst price targets, now averaging $39.5, down from $49.25. Analysts have lowered their ratings due to revenue challenges and a decline in growth, despite strong net margins and efficient asset use.
Analysts have lowered their price targets for STM due to revenue challenges and a decline in growth, despite strong net margins. This suggests a negative short-term impact on the stock price as market sentiment shifts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100