On Nov 06, major Wall Street analysts update their ratings for $Sensata Technologies (ST.US)$, with price targets ranging from $32 to $45.
J.P. Morgan analyst Samik Chatterjee maintains with a sell rating, and adjusts the target price from $34 to $32.
Evercore analyst Amit Daryanani maintains with a buy rating, and adjusts the target price from $50 to $43.
TD Cowen analyst Joseph C Giordano maintains with a buy rating, and adjusts the target price from $50 to $45.
Oppenheimer analyst Christopher Glynn maintains with a buy rating, and adjusts the target price from $47 to $44.
Stifel analyst Matthew Sheerin maintains with a hold rating, and adjusts the target price from $43 to $38.
Furthermore, according to the comprehensive report, the opinions of $Sensata Technologies (ST.US)$'s main analysts recently are as follows:
Market dynamics are currently obscuring the underlying improvements, and a stabilization in sentiment around auto markets is necessary before the shares attract significant interest. Nonetheless, substantive positive changes are underway.
Sensata's fourth-quarter guidance has been affected by approximately $30 million when compared to previous expectations, primarily due to weakened Performance Sensing markets. The company is currently concentrating on enhancing production efficiencies, investing in selective automation, and improving financial processes, particularly as it navigates through the evolution of its EV business model and challenges presented by the supply chain crisis.
The company reported third-quarter results that were in line with expectations but provided a fourth-quarter sales and EPS outlook that fell short of the consensus.
Here are the latest investment ratings and price targets for $Sensata Technologies (ST.US)$ from 6 analysts:
Note:
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