Truist Securities Maintains Buy on NXP Semiconductors, Lowers Price Target to $242-Report Released on 7th Nov
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has maintained a 'Buy' rating on NXP Semiconductors (NASDAQ:NXPI), but lowered the price target from $251 to $242.
November 08, 2023 | 3:41 pm
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NXP Semiconductors' price target has been lowered from $251 to $242 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about NXP Semiconductors and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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