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STMicroelectronics Receives Moderate Buy Rating From Analysts

STMicroelectronics logoSTMicroelectronics
Sig0.95Sen+1.80Env0.00Soc0.00Gov0.00

STMicroelectronics was upgraded from hold to buy and received multiple buy restatements in recent research reports. Deutsche Bank, Van ECK, Morgan Stanley and Bank of America DE increased their stakes, with Bank of America raising its position by 43.9% in the second quarter. The stock is followed against a stated $46.13 billion market cap and a P/E of 100.71.

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