Deutsche Bank cut its target from €70 to €65 but kept its Buy rating. Those signals point in different directions, and the report adds no new company results, so it does not change STMicroelectronics' business outlook.
The lower target suggests the bank sees less room for the shares to rise. Keeping its Buy rating points the other way. The report adds no new sales or product facts, so it does not change how STMicroelectronics' business looks.
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