STMicroelectronics stock price: Oddo target lift meets Monday test as chip peers line up
STMicroelectronics shares rose 1.3% in Paris Friday after Oddo BHF raised its price target to 32 euros, while U.S. shares fell 2.5%. The company reported a $30 million net loss last quarter and forecast Q1 revenue near $3.04 billion. Investors remain cautious, watching auto demand and upcoming peer results from NXP and Infineon.