Raymond James Maintains Outperform on NXP Semiconductors, Raises Price Target to $240
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Melissa Fairbanks has maintained an 'Outperform' rating on NXP Semiconductors (NASDAQ:NXPI) and raised the price target from $210 to $240.
July 26, 2023 | 11:51 am
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NXP Semiconductors' price target has been raised from $210 to $240 by Raymond James, maintaining an 'Outperform' rating.
The raised price target and maintained 'Outperform' rating by Raymond James indicates a positive outlook for NXP Semiconductors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100