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NXP Semiconductors price target raised to $310 from $250 at TD Cowen

TD Cowen raised the firm’s price target on NXP Semiconductors (NXPI) to $310 from $250 and keeps a Buy rating on the shares. The firm said against negative sentiment, the company beat/raise. Demand indications point to content-driven growth finally re-accelerating across IIoT, Auto, and Comms/Infra. Beyond the cycle, 2x datacenter growth guided for 2026 adds a narrative on top of SDVs and edge AI.

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