US Stock Market Move | NXP Semiconductors NV (NXPI.US) falls over 3% after Citi sharply cuts its target price.
On Thursday, NXP Semiconductors NV (NXPI.US) fell over 3% to $227.35.
On Thursday, NXP Semiconductors NV (NXPI.US) fell over 3% to $227.35. On the news front, Citi downgraded NXP Semiconductors NV from "Buy" to "Neutral" and sharply cut its target price from $370 to $260, citing expectations that the company's earnings estimate revisions will be weaker than its peers as it moves toward 2027.
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