**Merit Financial Group** reduced its stake in **NXP Semiconductors (NXPI)** while **Victory Capital Management** boosted its holdings with an additional 25,794 shares. Mixed sentiments surrounded NXPI stocks, with some analysts suggesting the momentum may have been too fast, while others still see potential for a soft landing upside. **Analysts** read into Q1 results, signaling potential bottoming. Evercore ISI and JP Morgan were among those who raised price target for NXPI, though StockNews.com also reported a downgrade. The company reported **Q1** earnings to be largely in line with expectations, leading to a surge in its stock price. NXPI also demonstrated strong **EPS growth**, which makes for an interesting case, as per some analysts. Recently paying out a **dividend** of $1.01, NXPI is not devoid of financial metrics and competitive strengths. However, the demand outlook for this **IoT play** remains uncertain. Despite some market gains, the stock was seen to sink in certain circumstances. With stock targets being recalibrated often, NXPI is seen as an attractive opportunity with secular tailwinds.
Nxp Semiconductors Stocks NXPI News Analytics from Mon, 24 Jul 2023 07:00:00 GMT to Thu, 09 May 2024 11:07:19 GMT -
Rating 2
- Innovation 1
- Information 8
- Rumor -7
