TD Cowen Maintains Buy on NXP Semiconductors, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains a Buy rating on NXP Semiconductors (NASDAQ:NXPI) but lowers the price target from $330 to $310.
July 24, 2024 | 3:30 pm
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TD Cowen analyst Matthew Ramsay maintains a Buy rating on NXP Semiconductors but lowers the price target from $330 to $310.
The Buy rating suggests continued confidence in the stock's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100