SIG Upgrades STMicroelectronics to Buy
SIG has upgraded STMicroelectronics to a "Buy" rating and announced a price target of $75.
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STMicroelectronics has introduced four new MEMS safety sensors designed for automotive use, featuring integrated signal processing and low-drift performance.
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SIG has upgraded STMicroelectronics to a "Buy" rating and announced a price target of $75.
STMicroelectronics has added new MasterGaN7 devices to its integrated high-efficiency power semiconductor family.
STMicroelectronics repurchased 492,285 ordinary shares (0.05% of issued share capital) between October 12-16, 2026 at a weighted average price of EUR 42.95 per share, totaling EUR 21.1 million. The repurchases were conducted on Euronext Paris to meet obligations from employee share option programs. The company now holds 16,422,388 treasury shares, representing approximately 1.8% of issued share capital.