Argus Research Maintains Buy on NXP Semiconductors, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Jim Kelleher has maintained a Buy rating on NXP Semiconductors (NASDAQ:NXPI) and increased the price target from $260 to $300.
May 01, 2024 | 4:48 pm
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Argus Research has reaffirmed its Buy rating on NXP Semiconductors and raised the price target to $300, indicating a positive outlook on the stock.
The increase in the price target by Argus Research suggests a strong confidence in NXP Semiconductors' future performance. This endorsement from a reputable analyst could lead to increased investor confidence in NXPI, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100