NXP Semiconductors price target raised to $325 from $276 at Goldman Sachs

Goldman Sachs raised the firm’s price target on NXP Semiconductors (NXPI) to $325 from $276 and keeps a Buy rating on the shares. NXP Semiconductors reported guidance well above Street expectations, supporting a 17% share gain as investors recalibrated expectations following cautious positioning into the print, the analyst tells investors in a research note. Management highlighted improving demand across automotive and industrial end markets and reiterated confidence in achieving its 2027 financial targets, reinforcing the view that sustained execution on revenue growth and margin expansion can support continued through-cycle earnings growth, Goldman says.