TD Cowen lowered the firm’s price target on NXP Semiconductors (NXPI) to $250 from $285 and keeps a Buy rating on the shares. The firm said they posted a beat and raise results and noted the cycle is improving but its target model needs to be proven. Both the results and outlook point to strong earnings growth in 2026 thoug management didn’t guide beyond the March quarter.
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Read More on NXPI:
- NXP Semiconductors price target lowered to $255 from $285 at Mizuho
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