Barclays Upgrades STMicroelectronics To Equalweight

Analysts at Barclays upgraded STMicroelectronics NV (ADR) STM from Underweight to Equalweight. STMicroelectronics shares have dropped 13.43 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the same period. STMicroelectronics shares closed at $8.00 on Friday.