William Blair reaffirmed their market perform rating on shares of STMicroelectronics (NYSE:STM – Free Report) in a report issued on Friday morning, RTT News reports. William Blair also issued estimates for STMicroelectronics’ Q1 2025 earnings at $0.69 EPS. Other equities analysts also recently issued reports about the company. StockNews.com downgraded STMicroelectronics from a strong-buy rating […]
STMicroelectronics (NYSE:STM – Get Free Report) issued its earnings results on Thursday. The semiconductor producer reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05), Briefing.com reports. STMicroelectronics had a net margin of 24.36% and a return on equity of 27.70%. The firm had revenue of $3.47 billion during the quarter, […]
STMicroelectronics (NYSE:STM – Get Free Report) was upgraded by analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, Marketbeat.com reports. A number of other research analysts have also recently weighed in on STM. Susquehanna reaffirmed a “positive” rating and set a $55.00 price target […]
STMicroelectronics (NYSE:STM – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among […]
Caprock Group LLC trimmed its position in shares of STMicroelectronics (NYSE:STM – Free Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,321 shares of the semiconductor producer’s stock after selling 423 shares during the quarter. Caprock Group […]