NXP Semiconductors (NASDAQ: NXPI) had its target price increased by Sterne Agee from $34.00 to $36.00 in a research note issued to investors on Wednesday. The firm currently has a buy rating on the stock.
NXPI has been the subject of a number of other recent research reports. Analysts at Barclays Capital raised their price target on shares of NXP Semiconductors from $38.00 to $41.00 in a research note to investors on Friday, February 1st. They now have an overweight rating on the stock. Separately, analysts at Jefferies Group set a $36.00 price target on shares of NXP Semiconductors in a research note to investors on Friday, February 1st. They now have a buy rating on the stock. Finally, analysts at Zacks upgraded shares of NXP Semiconductors from a neutral rating to an outperform rating in a research note to investors on Monday, January 7th. They now have a $29.90 price target on the stock.
Nine analysts have rated the stock with a buy rating, one has issued an overweight rating, and three have issued a hold rating to the company. The company currently has a consensus rating of overweight and a consensus target price of $34.92.
Shares of NXP Semiconductors traded down 0.55% during mid-day trading on Wednesday, hitting $32.47. NXP Semiconductors has a one year low of $18.57 and a one year high of $32.96. The stock’s 50-day moving average is currently $29.22. The company’s market cap is $8.069 billion.
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