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.
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Read More on STM:
- STMicroelectronics price target lowered to $30 from $35 at Baird
- STMicroelectronics: Q3 2024 Financial Overview and Outlook
- STMicroelectronics price target lowered to $36 from $42 at Craig-Hallum
- STMicroelectronics reports Q3 EPS 37c, consensus 33c
- STMicroelectronics price target lowered to EUR 35 from EUR 42 at JPMorgan
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