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Enter Symbol:
Rating: ST
Market Perform

Sensata Technologies Holding N.V. (NYSE: ST) downgraded to Market Perform by Wells Fargo

Thursday,  Jan 21, 2016  10:25 AM ET by Dave Ficere

Wells Fargo downgraded Sensata Technologies Holding N.V. (NYSE: ST) to
Market Perform. Previously Wells Fargo rated Outperform Sensata Technologies Holding N.V. (NYSE: ST) on 10/04/2013, when the stock price was $38.62.

Sensata Technologies Holding N.V. (Sensata) is a global industrial technology company engaged in the development, manufacture and sale of sensors and controls. The Company produces a range of customized sensors and controls for applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. The Company operates through two segments: sensors and controls. The sensors segment is a manufacturer of pressure, force, and electromechanical sensor products used in subsystems of automobiles and in industrial products, such as heating, ventilation and air-conditioning (HVAC) systems. The controls segment manufactures a variety of control applications used in industrial, aerospace, military, commercial and residential markets. On April 30, 2009, the Company sold the automotive vision sensing business, which included the assets and operations of SMaL Camera.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.

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