NXP Semi has positive read through from Texas Instruments, says Sterne Agee Sterne Agee believes that Texas Instruments' (TXN) commentary on 4G telecom, auto and industrial strength should be positive for NXP Semiconductors (NXPI). The firm keeps a Buy rating on NXP Semiconductors.
NXP Semiconductors price target raised to $95 from $85 at Canaccord Canaccord raised its price target on NXP Semiconductors to $95 from $85 following the company's demonstrations at the CES conference. The firm sees strong growth prospects across its end markets, particularly in the automotive sector. Canaccord reiterated its Buy rating on NXP Semiconductor shares.