Goldman Sachs adds NXP Semiconductors (NXPI) to its Conviction Buy List with a bumped-up price...

|About: NXP Semiconductors (NXPI)|By:, SA News Editor

Goldman Sachs adds NXP Semiconductors (NXPI) to its Conviction Buy List with a bumped-up price target of $30. Analysts with the firm say NXP will generate more revenue this cycle and forecast a lightened debt load will help it realize wider margins. Shares +2.3% premarket.