Stifel Maintains Hold on NXP Semiconductors, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Hold' rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $168 to $200.
July 20, 2023 | 4:33 pm
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Stifel analyst maintains a 'Hold' rating on NXP Semiconductors and raises the price target to $200.
The news is directly about NXP Semiconductors. The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target indicates a positive outlook, but as the rating is 'Hold', it's not expected to have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100