NXP Semiconductors price target lowered to $255 from $265 at Truist

Truist analyst William Stein lowered the firm’s price target on NXP Semiconductors (NXPI) to $255 from $265 and keeps a Buy rating on the shares. The company posted a slightly above-consensus Q4 result and Q1 guide, which both feel more like “cheap, no catalyst” but probably still a “Buy,” the analyst tells investors in a research note. The firm also said that adding management’s comments about CY26 revenue pushing the model into the three-year target provide the potential for upward revisions through the year and form a potential catalyst, and make it an easier “Buy.”