STMicro: Unbridled Upward Momentum Despite Share Price Doubling. Jefferies Sees an Additional 25% Potential for our Portfolio Stock. Here's Three Reasons why!
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We bought STMicro shares on April 1, 2026, for our portfolio. At current prices, we are pleased to see the stock double. However, according to analysts at Jefferies, the upswing is not over yet. They raised the price target from €52 to €74 and maintained a Buy rating. There were three reasons for this: 1. The cyclical recovery of the automotive and industrial sectors is gaining momentum. 2. Therefore, a very strong demand outlook for optical semiconductors and satellite technology is expected in the second half of 2026. 3. Analysts even...
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