Morgan Stanley Maintains Equal-Weight on NXP Semiconductors, Lowers Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore has maintained an Equal-Weight rating on NXP Semiconductors (NASDAQ:NXPI) and lowered the price target from $215 to $214.

November 08, 2023 | 9:28 pm
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Morgan Stanley has maintained an Equal-Weight rating on NXP Semiconductors and lowered the price target from $215 to $214.
The news is directly about NXP Semiconductors. The lowered price target might indicate a slightly less optimistic outlook for the company, but the maintained Equal-Weight rating suggests that the overall view of the company hasn't changed significantly. This could lead to a neutral short-term impact on the stock price.
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