Jefferies analyst Mark Lipacis believes a takeover of NXP Semiconductors (NXPI) by Qualcomm (QCOM) is "feasible" and that NXP could be worth $136-$172 per share in a deal. The Wall Street Journal reported yesterday that the two are in talks and that a deal could happen over the next three months. Lipacis points out that NXP CEO Richard Clemmer was previously the CEO of Agere, and engineered its sale to LSI, driving greater than130% of stock appreciation within 14 months of taking the helm. The analyst keeps a Buy rating on the shares with a $130 price target. NXP closed yesterday up 17%, or $13.88, to $96.12.

Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here