UBS lowered the firm’s price target on STMicroelectronics to EUR 48 from EUR 52 and keeps a Buy rating on the shares. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on STM: STMicroelectronics Q1 Revenue Declines Amid Sector Challenges STMicroelectronics sees FY24 revenue $14B-$15B, consensus $16.12B STMicroelectronics sees Q2 revenue $3.2B, consensus $3.8B STMicroelectronics reports Q1 EPS 54c, consensus 59c Berenberg says ‘time to revisit’ shares of Infineon and STM