Needham Maintains Buy on NXP Semiconductors, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has maintained a 'Buy' rating on NXP Semiconductors (NASDAQ:NXPI) but lowered the price target from $250 to $230.

November 08, 2023 | 10:01 am
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Needham has maintained a 'Buy' rating on NXP Semiconductors but lowered the price target from $250 to $230.
The news is directly about NXP Semiconductors. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact on the stock in the short term.
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