Information Provided By:
Fly News Breaks for November 5, 2019
NXPI
Nov 5, 2019 | 05:07 EDT
Mizuho analyst Vijay Rakesh upgraded NXP Semiconductors to Buy from Neutral with a price target of $130, up from $108. The company's auto segment is showing signs of recovery, with easier compares and content wins, Rakesh tells investors in a research note. Further, China and U.S industrial Purchasing Managers' Indexes are beginning to stabilize, which should lift NXP, adds the analyst. He cites improving auto and industrial trends for the upgrade.
News For NXPI From the Last 2 Days
There are no results for your query NXPI