TD Cowen Maintains Outperform on NXP Semiconductors, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains an Outperform rating on NXP Semiconductors (NXPI) and raises the price target from $270 to $300.
March 12, 2024 | 3:49 pm
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TD Cowen has maintained an Outperform rating on NXP Semiconductors and increased the price target from $270 to $300.
The increase in price target by a reputable analyst firm like TD Cowen suggests a strong bullish outlook on NXP Semiconductors. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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