UBS Upgrades NXP Semiconductors to Buy, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
UBS has upgraded NXP Semiconductors from Neutral to Buy, raising the price target from $275 to $285.
October 07, 2024 | 3:18 pm
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UBS analyst Francois-Xavier Bouvignies has upgraded NXP Semiconductors from Neutral to Buy, with a new price target of $285, up from $275.
The upgrade from Neutral to Buy by UBS, along with an increased price target, suggests a positive outlook for NXP Semiconductors. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
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