NXP Semiconductors (NXPI) Tops Q2 EPS by 4c

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Needham & Company Maintains Strong Buy on NXP Semi (NXPI) Following Results

July 28, 2016 3:09 PM EDT

Needham & Company analyst Rajvindra Gill reiterated a Strong Buy rating and $120 price target on NXP Semiconductors NV (NASDAQ: NXPI) following a solid quarter and guide.

Gill commented, "While some investors might be concerned about 4Q commentary, excluding 4Q 2015, we are forecasting sales to... More

Jefferies Reiterates Buy on NXP Semiconductors (NXPI) Following 2Q Report

July 28, 2016 10:06 AM EDT

Jefferies 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