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business3h ago
STMicroelectronics N.V. Stock 12‑Month Price Target Raised to $60.64, Implies 9% Downside
- Analysts lift STMicroelectronics' 12‑month price target to $60.64, signaling potential downside from current levels.
- 23 analysts participate, raising the average target from $59.95 to $60.64.
- The target range spans from $39.82 to $90 per share, indicating wide expectations.
- Overall consensus rating remains Buy across 29 covering analysts.
- The note directs readers to the Forecasts tab for more price target data and prior recommendations.
- The data provider is FactSet, and the information is informational, not investment advice.
- The report frames the target move as a potential downside based on May close data.
- STMicroelectronics remains a key focus in the sector due to analyst activity on targets.
- The article highlights the price target movement as part of TradingView News coverage.
- Investors should note the wide target range when assessing shares.
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