NXP Semiconductors Reports Second Quarter 2015 Results

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NXP Semiconductors (NXPI) Should Be Owned Despite Tumultuous Macro Backdrop, Needham & Company Says

July 30, 2015 12:26 PM EDT

Needham & Company analyst Rajvindra Gill reiterated his Strong Buy rating and $140 price target on NXP Semiconductors NV (NASDAQ: NXPI) following Q2 results, saying despite the tumultuous macro backdrop you need to own the stock.

Gill commented, "In light of a tough macro, NXPI printed... More