NXP Semiconductors Reports Second Quarter 2020 Results

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NXP Semiconductors NV (NXPI) PT Raised to $127 at Mizuho Securities

July 28, 2020 1:03 PM EDT

Mizuho Securities analyst Vijay Rakesh raised the price target on NXP Semiconductors NV (NASDAQ: NXPI) to $127.00 (from $112.00) while maintaining a Buy rating following results.

The analyst commented, "NXPI reported an in-line JunQ, and guided to a strong SepQ top line with rev/GM of... More