Sensata Technologies (ST) Tops Q2 EPS by 1c, Updates Guidance

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Go back to Sensata Technologies (ST) Tops Q2 EPS by 1c, Updates Guidance

Oppenheimer Cuts Price Target to $60 on Sensata Technologies (ST) Following 2Q15

July 29, 2015 9:43 AM EDT

Oppenheimer maintained an Outperform rating on Sensata Technologies (NYSE: ST), and cut the price target to $60.00 (from $66.00), following 2Q15 results. Adjusted EPS of $0.73 was relatively in-line with consensus. Revenues were reported at $770M vs. $755-795M guidance. Management narrowed 2015 EPS guidance to $2.86-2.98 (from... More