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Fly News Breaks for September 1, 2015
NXPI
Sep 1, 2015 | 07:59 EDT
SunTrust increased its price target on NXP as the firm thinks that the company is obtaining synergies from its acquisition of Freescale much more quickly than previously anticipated. SunTrust believes that the stock is undervalued, given the 20% growth rate of the company's earnings. SunTrust keeps a Buy rating on the shares.
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