NXP Semiconductors (NXPI) Tops Q3 EPS by 9c; guides Q4 in-line

Go back to NXP Semiconductors (NXPI) Tops Q3 EPS by 9c; guides Q4 in-line

Citi Downgrades NXP Semiconductors NV (NXPI) to Sell, 'Finally Feeling Correction and it Will Get Much Worse'

November 8, 2023 4:20 AM EST

Citi analyst Christopher Danely downgraded NXP Semiconductors NV (NASDAQ: NXPI) from Neutral to Sell with a price target of $150.00 (from $216.00).

The analyst comments "Yesterday, NXPI reported good results due to upside from the industrial and mobile end markets (combined 29% of 3Q23... More