These Analysts Raise Their Forecasts On Sensata After Upbeat Q4 Results
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Sensata Technologies Holding plc (NYSE:ST) reported Q4 earnings of 88 cents per share, exceeding estimates of 86 cents, with sales of $917.9 million also beating expectations. The company forecasts Q1 adjusted EPS between 81-85 cents and sales of $917-937 million. CEO Stephan von Schuckmann highlighted the company's transformation and growth. Following the earnings report, analysts raised their price targets: B of A to $40, Evercore to $37, Truist to $38, and Baird to $40. Sensata shares rose 2.8% to $37.16.
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