Form 6-K STMicroelectronics N.V. For: Oct 31

Go back to Form 6-K STMicroelectronics N.V. For: Oct 31

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