STMicroelectronics NV (EPA:STM)‘s stock had its “sell” rating reaffirmed by Credit Suisse Group AG in a research note issued to investors on Thursday.

Other equities research analysts also recently issued reports about the company. BNP Paribas set a €9.30 ($10.00) price target on STMicroelectronics NV and gave the company a “buy” rating in a research report on Tuesday, September 6th. Baader Bank set a €8.40 ($9.03) price target on STMicroelectronics NV and gave the company a “buy” rating in a research report on Tuesday, September 27th. Oddo Securities set a €10.00 ($10.75) price target on STMicroelectronics NV and gave the company a “buy” rating in a research report on Tuesday. Citigroup Inc. reaffirmed a “neutral” rating on shares of STMicroelectronics NV in a research report on Thursday, September 8th. Finally, Morgan Stanley set a €5.25 ($5.65) price target on STMicroelectronics NV and gave the company a “neutral” rating in a research report on Wednesday, August 10th. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. STMicroelectronics NV presently has a consensus rating of “Hold” and an average price target of €6.60 ($7.10).

Analyst Recommendations for STMicroelectronics NV (EPA:STM)

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About STMicroelectronics NV

STMicroelectronics N.V. is a global semiconductor company. The Company is focused on Smart Driving, enabled by digitalization and electrification of the car, and the Internet of Things, including portable and wearable systems, as well as smart home, city and industry applications. The Company’s segments include Automotive and Discrete Group (ADG), Analog and MEMS Group (AMG), Microcontrollers and Digital ICs Group (MDG) and Others.

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