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NXP Semiconductors (NXPI) Hit by Late 3Q Demand Weakness; Susquehanna Cuts Price Target to $100
October 29, 2015 3:21 PM EDTSusquehanna maintained a Positive rating on NXP Semiconductors NV (NASDAQ: NXPI), and cut the price target to $100.00 (from $128.00), following the company's 3Q Results. NXPI reported revenue of $1.522 bln, in-line with the lower end of guidance ($1.52 bln-$1.575 bln), but below consensus of $1.552 bln. EPS of $1.57 was well ahead of consensus of $1.50.
Analyst Chris Caso... More
Decline in Secure Interfaces and Power Business Hits NXP Semiconductors' (NXPI) Revenue; Needham & Company Cuts Price Target to $100
October 29, 2015 3:14 PM EDTNeedham & Company maintained a Strong Buy rating on NXP Semiconductors NV (NASDAQ: NXPI), and cut the price target to $100.00 (from $140.00), following the company's 3Q15 earnings report. Revenue of $1.52Bn was slightly below our in-line $1.55Bn estimate, largely due to a decline in the Secure Interfaces and... More
NXP Semiconductors (NXPI) Guides 4Q Down vs. Flat Consensus; Mizuho Securities Reiterates Buy
October 29, 2015 2:00 PM EDTMizuho Securities reiterated a Buy rating and $120.00 price target on NXP Semiconductors NV (NASDAQ: NXPI) following the company's 3Q15 earnings results. NXPI reported SepQ earnings that were inline with consensus, but guided DecQ down 15% q/q versus a flat consensus. The down... More
