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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100