Goldman Sachs Maintains Neutral on NXP Semiconductors, Raises Price Target to $216
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari maintains a Neutral rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $195 to $216.
July 27, 2023 | 1:11 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on NXP Semiconductors and raises the price target from $195 to $216. This could potentially attract investors looking for price appreciation.
The news is directly about NXP Semiconductors. The raised price target indicates that the analyst sees potential for the stock's price to increase, which could attract investors. However, the Neutral rating suggests that the analyst does not see the stock as a strong buy or sell, which could limit the impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100