Oppenheimer Lowers PT On Sensata Technologies to $35 - Sensata Technologies (NYSE:ST)

27% profit every 20 days?

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Following downbeat fourth-quarter guidance, shares of Sensata Technologies (NYSE: ST) are plunging today and Oppenheimer is out with a research note, reiterating an outperform rating on the stock, but lowering its price target to $35 from $37.Oppenheimer also lowered its fourth-quarter earnings estimate on Sensata to 43 cents a share from 47 cents and its 2012 EPS estimate to $2.20 from $2.30.

27% profit every 20 days?

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