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NXP Semiconductors (NASDAQ:NXPI) has been upgraded from a "hold" rating to a "buy" rating by equities researchers at StockNews.com. Other analysts have also recently issued research reports about the stock, with various price targets and ratings. The company's stock performance shows a 12 month low of $161.23 and a 12 month high of $264.26. NXP Semiconductors last released its quarterly earnings data on Monday, February 5th, reporting $3.37 EPS for the quarter. Hedge funds and institutional investors have recently added to or reduced their stakes in the business. NXP Semiconductors N.V. offers various semiconductor products, including microcontrollers, application processors, communication processors, and wireless connectivity solutions. With an average rating of "Moderate Buy" and an average target price of $257.72, the company continues to show promise in the market.
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