Oppenheimer Maintains Outperform on NXP Semiconductors, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer maintains an Outperform rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $250 to $295.
May 01, 2024 | 12:12 pm
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Oppenheimer analyst Rick Schafer maintains an Outperform rating on NXP Semiconductors and raises the price target from $250 to $295.
The increase in price target by a reputable analyst like Rick Schafer suggests a strong bullish outlook on NXP Semiconductors, likely leading to positive investor sentiment and a potential short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100