Mizuho double downgraded NXP Semiconductors (NXPI) to Underperform from Outperform with a price target of $188, down from $255. NXP’s “big” auto exposure is a headwind in 2026 amid soft volumes, the analyst tells investors in a research note. The firm says the company also has “has significant in-house inventory” of $2.6B, adds Mizuho.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXPI:
- NXP Semiconductors downgraded to Underperform from Outperform at Mizuho
- Nike downgraded, Starbucks upgraded: Wall Street’s top analyst calls
- NXP Semiconductors downgraded to Neutral at BofA on lack of AI products
- NXP Semiconductors downgraded to Neutral from Buy at BofA
- NXP Semiconductors announces robotics solutions with Nvidia