14 AI News and Ratings That Wall Street Is Watching

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11. STMicroelectronics N.V. (NYSE:STM)

Number of Hedge Fund Holders: 18      

STMicroelectronics N.V. (NYSE:STM) makes and sells semiconductor products. The company has long-term exposure to structural growth areas such as the energy transition, data centers, and microcontrollers. On December 3, Exane BNP Paribas analyst Jakob Bluestone initiated coverage of the stock with a Neutral rating and $28 price target. The advisory expects 2025 to be a better year for European semis and believes investors should selectively buy the recent dip. Paribas believes it is too early to turn on analog semis en masse, however.

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