NXP Announces Launch of Senior Unsecured Notes Offering
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Jefferies Reiterates Buy on NXP Semiconductors (NXPI) Following 2Q Report
July 28, 2016 10:06 AM EDTJefferies reiterated a Buy rating and $130.00 price target on NXP Semiconductors NV (NASDAQ: NXPI), following the company's 2Q earnings report. NXPI's sales of $2.37B were slightly above consensus $2.35B. Non-GAAP gross margin of 50.0% was in line with consensus 49.9%. Management expects 3Q16 sales of $2.47B,... More
