Fly News Breaks for March 13, 2015
FSL, NXPI
Mar 13, 2015 | 08:30 EDT
As noted earlier, Needham initiated coverage of NXP Semiconductors (NXPI) with a Strong Buy and $140 price target. The firm thinks the company has become "a powerhouse" in the semiconductor sector following its acquisition of Freescale (FSL). Needham expects the stock's multiple to expand.
News For NXPI;FSL From the Last 2 Days