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Fly News Breaks for May 5, 2016
NXPI
May 5, 2016 | 05:40 EDT
Goldman Sachs analyst Toshiya Hari upgraded NXP Semiconductors to Buy saying above-industry growth and cost synergies from the Freescale acquisition will drive the stock higher. Hari calls NXP his new top pick in Semis and raised his price target for the shares to $110 from $80.
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