Nomura says Buy to NXP Semi
Jan. 17, 2019 7:24 AM ETNXP Semiconductors N.V. (NXPI)NXPIBy: Brandy Betz, SA News Editor6 Comments
- Nomura upgrades NXP Semiconductors (NASDAQ:NXPI) from Neutral to Buy with a $95 target, a 21% upside. (Bloomberg First Word)
- Last month, Piper started NXP at Overweight citing strong end market positions in semis, auto, and industrial with long-term potential in electric vehicles, self-driving vehicles, and IoT.
- NXPI is up 0.8% to $79.