NXP Semiconductors N.V. (NXPI) Given New $117.50 Price Target at Morgan Stanley

NXP Semiconductors N.V. (NASDAQ:NXPI) had its price objective upped by Morgan Stanley from $110.00 to $117.50 in a research note published on Monday morning. They currently have an equal weight rating on the semiconductor provider’s stock.

A number of other research analysts also recently commented on the stock. Zacks Investment Research raised shares of NXP Semiconductors N.V. from a hold rating to a buy rating and set a $119.00 target price on the stock in a research report on Tuesday, May 9th. BidaskClub raised shares of NXP Semiconductors N.V. from a sell rating to a hold rating in a research report on Monday, July 31st. Stifel Nicolaus reaffirmed a hold rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Tuesday, July 4th. ValuEngine raised shares of NXP Semiconductors N.V. from a hold rating to a buy rating in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC reaffirmed a hold rating and issued a $110.00 target price on shares of NXP Semiconductors N.V. in a research report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $110.97.

NXP Semiconductors N.V. (NASDAQ:NXPI) traded up 0.29% during midday trading on Monday, hitting $113.29. 783,165 shares of the stock traded hands. The company has a 50-day moving average price of $109.54 and a 200 day moving average price of $105.36. NXP Semiconductors N.V. has a one year low of $80.13 and a one year high of $113.39. The stock has a market cap of $28.52 billion, a price-to-earnings ratio of 20.14 and a beta of 0.89.

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