Stmicroelectronics NV (STM) Receives a Hold from Goldman Sachs


According to The Fly, in a report released today, Alexander Duval from Goldman Sachs maintained a Hold rating on Stmicroelectronics NV (STM). The company’s shares opened today at $15.16, close to its 52-week low of $13.56.

According to TipRanks.com, Duval is ranked #1274 out of 4907 analysts.

Stmicroelectronics NV has an analyst consensus of Moderate Buy, with a price target consensus of $15, a -1.1% downside from current levels. In a report issued on October 24, Baader Bank also maintained a Hold rating on the stock.

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The company has a one-year high of $26.43 and a one-year low of $13.56. Currently, Stmicroelectronics NV has an average volume of 4.29M.

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STMicroelectronics NV designs, develops, manufactures and markets products, which offers discrete and standard commodity components, application-specific integrated circuits, full custom devices and semi-custom devices for analog, digital and mixed-signal applications.

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