Argus Research Maintains Buy on NXP Semiconductors, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Jim Kelleher maintains a 'Buy' rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $230 to $260.
July 26, 2023 | 6:43 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by Argus Research and the raised price target could potentially lead to a positive impact on NXP Semiconductors' stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The maintained 'Buy' rating and increased price target from Argus Research indicate a positive outlook for NXP Semiconductors, which 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
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