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Citi: STMicroelectronics' Stock Price Already Reflects Growth Expectations
1 day ago /
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Author：小编
On July 23, Citi analysts stated in a client report that STMicroelectronics' stock price already reflects the recovery in its end markets and the accelerated growth in data center revenue. The company's second-quarter results and guidance were largely in line with market expectations, leading to a rise in its stock price this year. Since January, its stock price has doubled, with a gain of nearly 160%. Analysts suggest that if expectations are not boosted, the stock price may face short-term resistance.
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