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Fly News Breaks for April 19, 2016
NXPI
Apr 19, 2016 | 07:34 EDT
Raymond James analysts Steven Smigie downgraded NXP Semiconductors to Outperform and maintained its $90 price target. The analyst said shares have approached his price target and sees limited short-term upside given concerns about its end markets of industrial, automotive, telco, and smartphone areas.
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