01
Fri, Aug
561 New Articles

Sensata price target raised to $35 from $27 at Truist

Sensata price target raised to $35 from $27 at Truist

Finance News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times
Sensata price target raised to $35 from $27 at Truist

Truist raised the firm’s price target on Sensata (ST) to $35 from $27 and keeps a Hold rating on the shares. The company delivered a clear but modest Q2 upside and even more modest upside to Q3 guidance, the analyst tells investors in a research note. While the refreshed operational and financial targets are less aspirational than the firm hoped, the positive spin would be that the company is no longer over-promising, Truist added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on ST:

Disclaimer & DisclosureReport an Issue

Content Original Link:

Original Source FINANCE YAHOO

" target="_blank">

Original Source FINANCE YAHOO

Top Stories

Grid List

Pressure is on for Amazon to deliver strong Q2 earnings results following big beats by Google, Microsoft

Finance News

Pressure is on for Amazon to deliver strong Q2 earnings results following big beats by Google, Microsoft

Robinhood Sheds Its Meme Stock Skin, Emerges As Full-Fledged Fintech Player

Finance News

Robinhood Sheds Its Meme Stock Skin, Emerges As Full-Fledged Fintech Player

AI Optics, Broadcom Partnership, Gorilla Glass Drive Corning’s Bold Growth

Finance News

AI Optics, Broadcom Partnership, Gorilla Glass Drive Corning’s Bold Growth

Bitcoin torturer walks free on $1M bond

Crypto News

Bitcoin torturer walks free on $1M bond

Michael Saylor Touts Bitcoin-Tied Preferred Stock as 'High-Yield' Option for Retirees

Crypto News

Michael Saylor Touts Bitcoin-Tied Preferred Stock as 'High-Yield' Option for Retirees

Bitcoin Correction Could Linger for Months: CryptoQuant

Crypto News

Bitcoin Correction Could Linger for Months: CryptoQuant