Mizuho Upgrades NXP Semiconductors to Buy, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh has upgraded NXP Semiconductors (NASDAQ:NXPI) from Neutral to Buy and raised the price target from $265 to $325.
May 24, 2024 | 9:38 am
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Mizuho analyst Vijay Rakesh has upgraded NXP Semiconductors from Neutral to Buy and raised the price target from $265 to $325.
The upgrade from Neutral to Buy and the significant increase in the price target from $265 to $325 by a reputable analyst is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100