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Fly News Breaks for April 12, 2016
NXPI
Apr 12, 2016 | 07:34 EDT
SunTrust predicts that NXP's Q1 results and Analyst Day will be positive catalysts for the stock. The firm says its channel checks indicate that the company's Q1 results will be in-line with expectations or better, and its discussions with management make it upbeat about the Analyst Day. SunTrust raised its price target on the name to $104 from $98 and keeps a Buy rating on the shares.
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