Truist on NXP Semiconductors NV (NXPI): 'Bottom line: Good results & outlook, but CEO transition will raise eyebrows'
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
Selloff in this U.S. chip stock 'overdone' says BofA
May 1, 2025 4:00 PM EDTBank of America is standing by its Buy rating on one semiconductor stock, saying the recent 7% share price drop is overdone and that the chipmakers long-term outlook remains intact despite geopolitical and executive leadership uncertainties.
NXP Semiconductors (NASDAQ: NXPI) is the stock in question. BofA reiterated its $215 price target on NXP, which currently trades above the $184 mark.
The firm made only minor tweaks to its earnings forecasts,... More
NXP Semiconductors NV (NXPI) PT Lowered to $230 at Truist Securities
April 29, 2025 2:45 PM EDTTruist Securities analyst William S. Stein lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $230.00 (from $258.00) while maintaining a Buy rating.
The analyst comments "CEO departure & mixed tariff-vs-cycle dynamics drive stock vol, but we see NXP's fundamentals as intact.... More
