Citi: STMicroelectronics Stock Price Has Already Priced in Growth Expectations

```htmlGolden Ten Data July 23｜Citigroup analysts pointed out in a report to clients that the stock price of a certain exchange has already reflected the recovery of its terminal market and the accelerated growth of data center revenue. The analysts stated that this European chip manufacturer’s second quarter results and guidance were generally in line with market expectations, which has led to a rise in its stock price this year. Since January, the stock price of this exchange has more than doubled, with an increase of nearly 160%. The analysts said: “If today’s expectations do not provide a boost, the stock price may face short-term resistance.”```