Goldman Sachs Maintains Neutral on NXP Semiconductors, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on NXP Semiconductors (NASDAQ:NXPI) and raised the price target from $240 to $275.

May 01, 2024 | 4:43 pm
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Goldman Sachs maintains a Neutral rating on NXP Semiconductors but increases the price target from $240 to $275.
The increase in the price target by Goldman Sachs suggests a positive outlook on the stock's potential value, likely leading to increased investor interest and potentially a short-term increase in the stock price. However, the Neutral rating indicates that the analyst sees limitations to the stock's upside potential in the near term.
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