Morgan Stanley Maintains Equal-Weight on NXP Semiconductors, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on NXP Semiconductors (NASDAQ:NXPI) but lowered the price target from $227 to $215.
October 11, 2023 | 2:35 pm
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Morgan Stanley has maintained an Equal-Weight rating on NXP Semiconductors but lowered the price target from $227 to $215.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100