STMICROELECTRON (STM) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of STMICROELECTRON (STM) from NEUTRAL to OUTPERFORM on April 29, 2013, with a target price of $9.30.

STMicroelectronics is a global independent semiconductor company which designs, develops, manufactures and markets a broad range of semiconductor integrated circuits and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems.

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