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Mizuho Securities Updates NXP Semiconductors (NXPI) Model Post FSL Merger - Reiterates Buy

January 4, 2016 11:15 AM EST

Mizuho Securities reiterated a Buy rating and $120.00 price target on NXP Semiconductors NV (NASDAQ: NXPI) following the company's FSL merger close on December 7. Mizuho's updated model on NXPI now includes FSL revenue, as well as an incorporation of synergies, and interest costs... More