STMicroelectronics N.V. slumps on weak Q2, cuts outlook
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BofA Securities Reiterates Buy Rating on STMicroelectronics (STM)
July 29, 2024 5:42 AM EDTBofA Securities analyst Didier Scemama reiterated a Buy rating and $46.00 price target on STMicroelectronics (NYSE: STM).
The analyst comments "We discuss in this note what STM management could consider going forward to adjust its cost base to a lower demand environment, less... More
Baird Reiterates Neutral Rating on STMicroelectronics (STM)
July 26, 2024 5:47 AM EDTBaird analyst Tristen Gerra reiterated a Neutral rating and $35.00 price target on STMicroelectronics (NYSE: STM).
The analyst comments "STMicro further reduced its full-year revenue outlook on incremental weakness in the industrial and automotive end-markets, while guiding gross margin to a... More
