Sensata Technologies (ST) Tops Q3 EPS by 1c; Issues Light Q4 Outlook

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RBC Capital Raises Price Target on Sensata Technologies (ST) as 2016 Outlook Remains Solid

October 27, 2015 4:14 PM EDT

RBC Capital reiterated a Sector Perform rating on Sensata Technologies (NYSE: ST), and raised the price target to $50.00 (from $45.00), ST reported Sept-qtr revenue/EPS of $727.4M/$0.72, which was below consensus on revenue ($734M) but beat Street EPS by $0.01.

Analyst Amit Daryanani commented,... More