BMO Capital increased its price target on NXP Semicondcutors (NXPI) as the firm thinks the company's acquisition of Freescale (FSL) is logical. The firm believes that Freescale's products are very complementary to those of NXP, and it says that Freescale has made steady progress in its core markets. The firm keeps an Outperform rating on NXP.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here