Report
Stephane Houri

STMicroelectronics N.V. : Une hausse spectaculaire du Capex qui en dit beaucoup sur le positionnement de STM et sur l’accélération de la croissance structurelle

>Opinion Surperformance maintenue, OC relevé à 60 € (vs 56 €) - Suite au T4 2021, nous réitérons notre opinion Surperformance et relevons notre OC à 60 € vs 56 €. Dans un marché volatil et complexe pour les valeurs Tech, cette publication devrait permettre de prolonger le bon momentum autour du titre, qui n’est en baisse que de 5% YTD, alors que le secteur baisse de 15%. Le groupe a en effet 1/ publié de très bons résultats T4, même supérieurs aux chiffres prépubliés ...
Underlying
STMicroelectronics NV

STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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