Wells Fargo Maintains Overweight on NXP Semiconductors, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley has maintained an Overweight rating on NXP Semiconductors (NASDAQ:NXPI) and raised the price target from $200 to $245.
July 18, 2023 | 12:52 pm
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NXP Semiconductors' price target has been raised from $200 to $245 by Wells Fargo, which maintains an Overweight rating on the stock.
The raised price target by Wells Fargo indicates a positive outlook for NXP Semiconductors. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100