Fly News Breaks for March 6, 2015
FSL, NXPI
Mar 6, 2015 | 07:42 EDT
Susquehanna raised its price target on NXP Semiconductors (NXPI) to $120 from $95 on the potential accretion from the company's acquisition of Freescale (FSL). The firm sees opportunities for accretion after considering uses of free cash flow, deleveraging, and future buybacks. Susquehanna reiterated its Positive rating on NXP Semiconductor shares.
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