Robert W. Baird analyst Tristan Gerra reiterated a Buy rating on Stmicroelectronics (STM - Research Report) today and set a price target of $48.00. The company's shares closed today at $31.70.Gerra covers the Technology sector, focusing on stocks such as Semtech, Advanced Micro Devices, and Micron. According to TipRanks, Gerra has an average return of 7.3% and a 49.88% success rate on recommended stocks. Currently, the analyst consensus on Stmicroelectronics is a Moderate Buy with an average price target of $49.00.See today’s best-performing stocks on TipRanks >>The company has a one-year high of $51.88 and a one-year low of $28.31. Currently, Stmicroelectronics has an average volume of 3.71M.
https://www.tipranks.com/news/blurbs/robert-w-baird-reaffirms-their-buy-rating-on-stmicroelectronics-stm?utm_source=advfn.com&utm_medium=referral
STMicroelectronics NV (NYSE:STM)
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