Cantor Fitzgerald Maintains Overweight on NXP Semiconductors, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald maintains an Overweight rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $325 to $350.
July 16, 2024 | 4:36 pm
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Cantor Fitzgerald has maintained its Overweight rating on NXP Semiconductors and increased the price target from $325 to $350, indicating strong confidence in the company's future performance.
The increase in the price target from $325 to $350 by Cantor Fitzgerald suggests a positive outlook on NXP Semiconductors' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100