UBS has given STMicroelectronics a 'Buy' rating with a target price of 34 euros.
Francois-Xavier Bouvignies, an analyst, is optimistic about analog chip manufacturers, including Analog Devices, Infineon, and Renesas.
STMicro's stock is currently priced at 23.00 euros, which is a 2.04% decrease from the previous day.
The stock has experienced fluctuations, reaching a high of 46.97 euros and a low of 22.64 euros.
Trading activity varies across platforms, with prices ranging from 23.00 euros on Tradegate to 23.46 euros in Hanover.