Sensata Technologies Holding’s Stock is Undervalued
<p>Berenberg Bank analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/ST'>Sensata Technologies Holding plc (NYSE:ST)</a>, noting that the stock is currently undervalued, and raising their price target to $76 from $71.</p>
<p>According to the brokerage, the company continued to deliver above target grow-over-market and should further benefit from ongoing investments in electrification and smart & connected applications. Despite these, the company’s stock has struggled to gain momentum due to a lack of catalysts and low electrification revenue mix visibility. </p>
<p>The analysts believe the company has the potential to re-rate higher as management provides further visibility on its electrification strategy and possibly updates its outgrowth targets.</p>

YSE:ST