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STMicroelectronics: serial reviews











Photo credit © STMicroelectronics


(Boursier.com) — STMicroelectronics stands out up almost 1% this Friday to 37.68 euros. Investors continue to appreciate the medium-term roadmap unveiled by the chipmaker. STM is notably aiming for an annual turnover of more than 20 billion dollars by 2027 at the latest, thanks to continued strong demand from the automotive and industrial sectors and from smartphone manufacturers.

Among the latest opinions from analysts, the SG has revalued the file from 67 to 80 euros while remaining on the purchase and AlphaValue has raised its target from 60.2 to 67.6 euros while also being a buyer.
Oddo BHF is ‘outperforming’ on the stock with a target of 50 euros.


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