Analysts Conflicted on These Technology Names: Nvidia (NVDA) and NXP Semiconductors (NXPI)
Analysts have been eager to weigh in on the Technology sector with new ratings on Nvidia (NVDA – Research Report) and NXP Semiconductors (NXPI – Research Report).
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Nvidia (NVDA)
Stifel Nicolaus analyst Ruben Roy maintained a Buy rating on Nvidia today and set a price target of $250.00. The company’s shares closed last Monday at $183.22.
According to TipRanks.com, Roy is a top 25 analyst with an average return of
Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $274.46, representing a 50.0% upside. In a report issued on March 2, Morgan Stanley also maintained a Buy rating on the stock with a $260.00 price target.
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NXP Semiconductors (NXPI)
In a report released today, Tore Svanberg from Stifel Nicolaus maintained a Hold rating on NXP Semiconductors, with a price target of $215.00. The company’s shares closed last Monday at $191.89, close to its 52-week low of $188.85.
According to TipRanks.com, Svanberg is a 5-star analyst with an average return of
NXP Semiconductors has an analyst consensus of Moderate Buy, with a price target consensus of $251.94, a 29.5% upside from current levels. In a report issued on March 9, TipRanks – PerPlexity also downgraded the stock to Hold with a $219.00 price target.
