NXP Semiconductors (NXPI) Tops Q3 EPS by 4c; Guides Above the Street
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FBR Capital Notes 'Confusion' on NXP Semiconductors (NXPI); Sees Stock Stabilizing and Grinding Higher
October 23, 2014 2:16 PM EDTFBR Capital analyst Christopher Rolland weighed in on NXP Semiconductors NV (NASDAQ: NXPI) amid the confusion and the sell-off in the stock following results.
Negatives cited by bull and bears, according to Rolland, include: (1) the stock has had a recent run from $54 just over a week ago to $64 yesterday, discounting an optimistic outlook; (2) the company has had a recent history of beating guidance (excluding 3Q14, guidance beat the Street by +500 bps) but only beat by +150 bps for 4Q14; (3) there has been a sizeable... More

