Needham Maintains Buy on NXP Semiconductors, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on NXP Semiconductors (NASDAQ:NXPI) and raises the price target from $280 to $300.
July 23, 2024 | 5:40 pm
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Needham analyst Quinn Bolton has reaffirmed a Buy rating on NXP Semiconductors and increased the price target from $280 to $300.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100