STMicroelectronics completes acquisition of NXP's MEMS sensors business

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NXP Semiconductors NV (NXPI) PT Lowered to $245 at BofA Securities

February 3, 2026 1:32 PM EST

BofA Securities analyst Vivek Arya lowered the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $245.00 (from $265.00) while maintaining a Buy rating.

The analyst comments "We think investors may be concerned about: (1) limited cyclical torque in core businesses where Q4 results and Q1 guide came in slightly below for Auto and... More