Stifel Maintains Hold on NXP Semiconductors, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Hold rating on NXP Semiconductors (NASDAQ:NXPI) and lowers the price target from $275 to $260.
October 17, 2024 | 2:46 pm
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Stifel analyst Tore Svanberg maintains a Hold rating on NXP Semiconductors and lowers the price target from $275 to $260, indicating a cautious outlook.
The Hold rating suggests a neutral stance, but the lowered price target from $275 to $260 indicates a less optimistic view on the stock's potential, likely leading to a short-term negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100