Oppenheimer raised the firm’s price target on NXP Semiconductors (NXPI) to $300 from $250 and keeps an Outperform rating on the shares following the company’s quarterly results. The firm says NXP remains positioned for growth led by content/ share gains as broad cyclical recovery accelerates.
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Read More on NXPI:
- NXP Price Target Raised to $300 as Analyst Cites Strong Results, Upbeat Outlook, and Expanding Growth Drivers
- NXP Semiconductors price target raised to $282 from $250 at Stifel
- NXP Semiconductors price target raised to $265 from $235 at Wells Fargo
- NXP Semiconductors price target raised to $270 from $240 at Bernstein
- NXP Semiconductors price target raised to $275 from $230 at BofA