Sensata Technologies (ST) Tops Q4 EPS by 15c, Revenues Beat; Offers 1Q & FY21 EPS/Revenue Guidance

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Sensata Technologies (ST) PT Raised to $60 at Stifel Following EPS

February 2, 2021 4:26 PM EST

Stifel analyst Matthew Sheerin raised the price target on Sensata Technologies (NYSE: ST) to $60.00 (from $58.00) while maintaining a Buy rating.

The analyst comments "Although ST sees strong growth in FY21, guiding revenue up 10%-15% organically, the sensor maker pointed to supply issue related... More

Sensata Technologies (ST) Reports Acquisition of Lithium Balance

February 2, 2021 5:52 AM EST

Sensata Technologies (NYSE: ST), a leading industrial technology company that develops sensors, sensor-based solutions, including controllers and software, and other mission-critical products to create valuable business insights for customers and end users, today announced the full acquisition of Denmark-based Battery Management System (BMS) provider, Lithium Balance.

Since its founding in 2006 as a start-up at the Danish Technological Institute, Lithium Balance has pushed battery-based electrification forward by developing the next generation BMS technologies for... More