Citigroup reaffirmed buy rating on STMicroelectronics (STM), and Bank of America upgraded its rating to buy.

The entities involved

• Citigroup →

  American investment bank and financial services corporation

  • Citigroup raised its rating on Telia Company, whose roots trace back to the Swedish Royal Telegraph Agency and the Finnish national carrier, Sonera.Thu 19:44
  • Royal Bank of Canada dropped its price objective for Crown Castle Inc., while Citigroup reiterated an outperform rating.Sun 13:27
• STMicroelectronics →

  multinational electronics and semiconductors manufacturer

  • Multiple companies reported quarterly earnings, showing mixed results across energy, tech, media, and apparel sectors.10:31
• Bank of America →

  American multinational banking and financial services corporation

  • Banesco USA appointed Teresa Stinson to its Board of Directors, who previously worked at Bank of America and Cadence Bank.22:29
  • Multiple financial institutions, including Goldman Sachs, Morgan Stanley, Bank of America, UBS, and others, provided ratings and price targets for Marvell Technology on May 28, 2026.22:25

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• Citigroup reaffirmed a cautious rating and Raymond James Financial reissued an outperform rating on October 18, 2026.Oct 18
• Citigroup reissued a market outperform rating for Applied Digital Corporation on October 15, 2026.Oct 16