Truist Securities Maintains Buy on NXP Semiconductors, Lowers Price Target to $287
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on NXP Semiconductors (NASDAQ:NXPI) but has lowered the price target from $291 to $287.
July 24, 2024 | 3:45 pm
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Truist Securities has maintained its Buy rating on NXP Semiconductors but has lowered the price target from $291 to $287.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100