Wells Fargo raised the firm’s price target on NXP Semiconductors (NXPI) to $260 from $250 and keeps an Overweight rating on the shares. The firm thinks NXP’s demand commentary was more positive than initially suggested in Q3 2025 guide. With a soft Q4 2025 guide for seasonal growth plus channel refill optionality, cycle-driven estimated upside with accelerating operating leverage will be key driver of shares, Wells adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXPI:
- Positive Outlook for NXP Semiconductors: Buy Rating Driven by Recovery in Automotive and Industrial Sectors
- NXP Semiconductors upgraded to Outperform from Neutral at KGI Securities
- NXP Semiconductors Reports Strong Q2 2025 Results
- NXP Semiconductors: Buy Rating Affirmed Amid Positive Demand Outlook and Strategic Growth Moves
- NXP Semiconductors: Optimistic Earnings Call Highlights