Mizuho Maintains Neutral on NXP Semiconductors, Raises Price Target to $225-Report Released on 6th February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Neutral rating on NXP Semiconductors (NXPI) and raises the price target from $220 to $225 as of 6th February 2024.
February 07, 2024 | 2:00 pm
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Mizuho analyst Vijay Rakesh maintains a Neutral rating on NXP Semiconductors and raises the price target from $220 to $225.
The increase in price target by Mizuho suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100