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Fly News Breaks for October 31, 2018
ST
Oct 31, 2018 | 07:47 EDT
SunTrust analyst William Stein lowered his price target on Sensata to $49 and kept his Hold rating after its Q3 results. The analyst notes that while the revenue beat was driven by better than expected performance sensing sales, the post-earnings rally may not be sustained, as the company could have trouble convincing investors that the shift to "out-growing end markets will be long-lived".
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