Stmicroelectronics down in Piazza Affari, where in the mid-morning the shares of the Italian-French company recorded a drop of 3,5%, to 6,19 euros.
UBS analysts encouraged sales on the chip maker, who lowered the recommendation on the ST stock from "neutral" to "sell", while maintaining the same price target at 5,6 euros.
Meanwhile, the Stoxx 600 sub-index of technology fell by 1,53%. In Amsterdam, St's Dutch competitor, Asml, lost 1,9%. This confirms the negative trend of technology stocks around the world.
