Susquehanna Maintains Positive on STMicroelectronics, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Positive rating on STMicroelectronics (NYSE:STM) but lowers the price target from $35 to $33.

November 01, 2024 | 3:26 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on STMicroelectronics but lowers the price target from $35 to $33, indicating a slight decrease in expected valuation.
The analyst's decision to maintain a Positive rating suggests continued confidence in STM's performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100