tiprankstipranks
STMicroelectronics price target lowered to $33 from $35 at Susquehanna
The Fly

STMicroelectronics price target lowered to $33 from $35 at Susquehanna

Susquehanna lowered the firm’s price target on STMicroelectronics (STM) to $33 from $35 and keeps a Positive rating on the shares. The firm said they posted in-line results but disappointing guidance as Auto, and to a lesser extent Industrial, continue to weigh.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App