NXP shares drop after executives outline post-Qualcomm path

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Buy NXP Semiconductors (NXPI) At These Levels - Needham & Company

September 13, 2018 1:56 PM EDT

Needham & Company analyst Rajvindra Gill reiterated a Strong Buy rating and $120 price target on NXP Semiconductors NV (NASDAQ: NXPI) saying they would be buyers as these levels following NXPI's first Analyst Day in over 2.5 years.

"Seventy percent of sales is derived from automotive (49%)... More

NXP Semiconductors NV (NXPI) PT Raised to $114 at Cowen

September 13, 2018 7:28 AM EDT

Cowen analyst Matthew Ramsay raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $114.00 (from $111.00) while maintaining an Outperform rating following the company's analyst day.

Ramsay notes NXP is laser-focused on operating profit/FCF through its core auto, IoT/MCU and industrial... More

Qualcomm (QCOM) Announces $16B Accelerated Share Repurchase Agreement

September 13, 2018 6:01 AM EDT

Qualcomm Incorporated (NASDAQ: QCOM) today announced that it has entered into accelerated share repurchase agreements (ASR Agreements) with each of Bank of America, N.A., Citibank, N.A. and Morgan Stanley & Co. LLC to repurchase an aggregate of $16 billion of Qualcomm's common... More