UPDATE: Jefferies Reiterates Buy Rating, Raises PT on NXP Semiconductors NV
Posted on February 01, 2013 at 14:28 PM EST
In a report published Friday, Jefferies reiterated its Buy rating on NXP Semiconductors NV (NASDAQ: NXPI ), and raised its price target from $28.00 to $36.00. Jefferies noted, “NXPI posted DecQ EPS beat of $0.02 and guided for MarQ EPS to be $0.04 above consensus. NXP's HPMS business posted 32%