Susquehanna analyst Christopher Rolland raised the firm’s price target on NXP Semiconductors (NXPI) to $210 from $195 and keeps a Neutral rating on the shares. The firm said the company reported in-line results and slightly better guidance as the company is increasingly confident in an emerging cyclical recovery. The slightly better guide though perhaps disappointing for some given elevated analog sentiment.
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Read More on NXPI:
- NXP Semiconductors price target raised to $252 from $230 at Truist
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