NXPI NXP Semiconductors price target raised to $76 from $60 at BofA/Merrill
April 3, 2014
06:47 EDT NXPI
theflyonthewall: NXP Semiconductors price target raised to $76 from $60 at BofA/Merrill
BofA/Merrill raised NXP Semiconductors' price target to $76 from $60 to reflect an increased valuation for the core Identification segment and said the company remains a top pick given U.S. chip-card and global automotive exposure. Shares are Buy rated.