Deutsche Bank Maintains Buy on NXP Semiconductors, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Ross Seymore has maintained a 'Buy' rating on NXP Semiconductors (NASDAQ:NXPI) and raised the price target from $200 to $230.
July 17, 2023 | 4:03 pm
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Deutsche Bank has maintained a 'Buy' rating on NXP Semiconductors and raised the price target from $200 to $230, which could positively impact the stock's price.
The 'Buy' rating maintained by Deutsche Bank indicates a positive outlook for NXP Semiconductors. The increase in the price target from $200 to $230 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100