STMicroelectronics Reports 2024 Third Quarter Financial Results

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Go back to STMicroelectronics Reports 2024 Third Quarter Financial Results

STMicroelectronics NV (STM:FP) (STM) PT Lowered to EUR30 at Citi

November 1, 2024 10:39 AM EDT

Citi analyst Andrew Gardiner lowered the price target on STMicroelectronics NV (STM:FP) (NYSE: STM) to EUR30.00 (from EUR36.00) while maintaining a Buy rating.

The analyst comments "STMicro is trying to find the cycle trough, but weakening end markets and poor channel... More

STMicroelectronics NV (STM:FP) (STM) PT Lowered to EUR29 at BofA Securities

October 31, 2024 12:00 PM EDT

BofA Securities analyst Didier Scemama lowered the price target on STMicroelectronics NV (STM:FP) (NYSE: STM) to EUR29.00 (from EUR35.00) while maintaining a Buy rating.

The analyst comments "The current downcycle is weighing more deeply than expected with Autos now clearly... More