Information Provided By:
Fly News Breaks for October 29, 2015
NXPI
Oct 29, 2015 | 07:49 EDT
Canaccord called NXP Semiconductor's guidance a concern, calling it significantly underwhelming. The firm did note the company reported solid Q3 results amidst a weakening macro environment and believes it is fundamentally the best positioned mixed-signal semiconductor firm. Canaccord reiterated its Buy rating and $130 price target on NXP Semiconductor shares.