As reported earlier, SunTrust analyst William Stein downgraded Sensata to Hold from Buy and lowered his price target to $52 from $55. Stein says that while the company's earnings growth still looks attractive relative to valuation, there is a risk of lower sales growth and high financial leverage. The analyst also notes that although Sensata has been aligned with "one of the fastest growing end markets in semis/components" - automotive - the company's organic revenue growth has been below the sector unit growth in the past 3 years. Stein adds that Sensata has also recently taken a more conservative view on growth, retreating from expectation of accelerating organic growth in FY18.