Stocks in Action: STMicro, Delivery Hero, Rheinmetall, MTU Aero Engines, and Elmos Semiconductor.
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Stock 1.) STMicro - Chip manufacturer benefits from signs of recovery, Jefferies upgrades to Buy with a price target of €34 (Upside potential: 47%) One of the key Buy ratings on Wednesday comes from Jefferies for STMicro. The chip manufacturer is currently, like many other heavyweights in the chip and semiconductor industry, suffering from weak demand and ongoing excess capacity in the automotive and industrial segments. Recently, after a poor performance in the fourth quarter, the company disappointed with a gloomy outlook for the first quarter....
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