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The Zhitong Finance App learned that on Thursday, NXP (NXPI.US) fell more than 3% to $227.35. According to the news, Citi downgraded NXP Semiconductors' rating from “buy” to “neutral” and drastically lowered the target price from $370 to $260, on the grounds that it is expected that as the company moves towards 2027, the revision of profit expectations will be weaker than that of its peers.
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The Zhitong Finance App learned that on Thursday, NXP (NXPI.US) fell more than 3% to $227.35. According to the news, Citi downgraded NXP Semiconductors' rating from “buy” to “neutral” and drastically lowered the target price from $370 to $260, on the grounds that it is expected that as the company moves towards 2027, the revision of profit expectations will be weaker than that of its peers.
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