Oddo target lift meets Monday test as chip peers line up
PARIS, Feb 2, 2026, 01:50 CET — Premarket
- Broker commentary is growing more upbeat, though the stock’s fate still hinges on auto and industrial demand trends.
- Restructuring expenses and factory utilisation remain under scrutiny following last week’s outlook.
- This week’s peer earnings may shift the mood for European chip stocks.
STMicroelectronics starts Monday on a stronger note after Oddo BHF raised its price target late last week. The Paris-listed shares ended Friday up roughly 1.3%, closing at 23.84 euros. Meanwhile, the U.S.-listed shares in New York dropped 2.5% to $27.89, dragging the stock down about 3.3% over the past five sessions. (MarketScreener)
That divide says it all. Investors are…
