Mizuho raised the firm’s price target on NXP Semiconductors (NXPI) to $255 from $240 and keeps an Outperform rating on the shares. The firm updated the company’s model post the earnings report and continues to see NXP as a leading automotive semiconductor supplier. The company is well positioned for a second half of 2025 recovery in auto and industrials, the analyst tells investors in a research note.
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Read More on NXPI:
- Imminent Recovery in Analog Market: Christopher Danely’s Buy Rating and Price Target Increase for NXP
- NXP Semiconductors upgraded to Buy from Neutral at Citi
- NXP Semiconductors: Strategic Positioning and Long-Term Growth Potential Amid Market Challenges
- NXP Semiconductors price target raised to $255 from $240 at Mizuho
- NXP Semiconductors price target raised to $258 from $245 at Truist
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