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Fly News Breaks for February 5, 2016
NXPI
Feb 5, 2016 | 07:54 EDT
Canaccord said NXP Semiconcductors remains its top large-cap semiconductor pick for the remainder of 2016. The firm noted the company reported solid Q4 results and believes it is fundamentally the best positioned mixed-signal semiconductor firm regardless of market cap. Canaccord reiterated its Buy rating and $120 price target on NXP Semiconductors shares.
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