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Fly News Breaks for December 17, 2019
NXPI
Dec 17, 2019 | 06:23 EDT
Piper Jaffray analyst Harsh Kumar raised his price target for NXP Semiconductors to $140 from $130 while keeping an Overweight rating on the shares after hosting management for investor meetings. Automotive is expected to be better in 2020 and presents NXP with "high growth opportunities," Kumar tells investors in a research note.
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