NXP Semiconductors (NXPI) Getting Somewhat Favorable News Coverage, Report Shows
Media stories about NXP Semiconductors (NASDAQ:NXPI) have been trending somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NXP Semiconductors earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the semiconductor provider an impact score of 46.6839641654721 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- NXP Introduces Automated Drive Kit for Open, Fast and Flexible Development (finance.yahoo.com)
- NXP Broadens Product Portfolio to Enable High Resolution Automotive Radar Sensors (markets.financialcontent.com)
- Omers Administration Lifted Nxp Semiconductors NV (NXPI) Stake by $6.28 Million; Spark Therapeutics (ONCE … – Hill Country Times (hillcountrytimes.com)
- Tracking the 52 Week Low Stock – NXP Semiconductors NV (NXPI) – The Stocks News (press release) (thestocksnews.com)
- Investors Focused Stock: NXP Semiconductors NV (NASDAQ:NXPI) – Market Breaking Point (press release) (journalfinance.net)
Several equities analysts have issued reports on the company. Zacks Investment Research cut NXP Semiconductors from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. BidaskClub upgraded NXP Semiconductors from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Robert W. Baird reiterated a “hold” rating and set a $110.00 target price on shares of NXP Semiconductors in a research report on Friday, October 27th. Jefferies Group set a $115.00 target price on NXP Semiconductors and gave the stock a “hold” rating in a research report on Thursday, October 26th. Finally, Sanford C. Bernstein cut NXP Semiconductors from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a research report on Thursday, October 26th. Eighteen analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. NXP Semiconductors currently has an average rating of “Hold” and a consensus target price of $113.11.
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NXP Semiconductors Company Profile
NXP Semiconductors N.V. (NXP) is a holding company. The Company operates as a semiconductor company. The Company provides high performance mixed signal and standard product solutions. The Company’s segments are High Performance Mixed Signal (HPMS), Standard Products (SP), and Corporate and Other. Its product solutions are used in a range of end-market applications, including automotive, personal security and identification, wireless and wireline infrastructure, mobile communications, multi-market industrial, consumer and computing.
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