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Analysts Have Conflicting Sentiments on These Technology Companies: Iridium Communications (IRDM), NXP Semiconductors (NXPI) and Xerox (XRX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Iridium Communications (IRDMResearch Report), NXP Semiconductors (NXPIResearch Report) and Xerox (XRXResearch Report).

Iridium Communications (IRDM)

Morgan Stanley analyst Landan Park maintained a Buy rating on Iridium Communications today and set a price target of $50.00. The company’s shares closed last Wednesday at $43.30.

Park has an average return of 12.6% when recommending Iridium Communications.

According to TipRanks.com, Park is ranked #3675 out of 7949 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iridium Communications with a $51.00 average price target, a 20.6% upside from current levels. In a report issued on July 22, Raymond James also maintained a Buy rating on the stock with a $51.00 price target.

See today’s best-performing stocks on TipRanks >>

NXP Semiconductors (NXPI)

Morgan Stanley analyst Joseph Moore maintained a Hold rating on NXP Semiconductors today and set a price target of $183.00. The company’s shares closed last Wednesday at $180.21.

According to TipRanks.com, Moore is a 5-star analyst with an average return of 10.0% and a 53.0% success rate. Moore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and Skyworks Solutions.

Currently, the analyst consensus on NXP Semiconductors is a Moderate Buy with an average price target of $193.84, which is a 9.2% upside from current levels. In a report issued on July 15, Goldman Sachs also maintained a Hold rating on the stock with a $150.00 price target.

Xerox (XRX)

Morgan Stanley analyst Kathryn Huberty maintained a Sell rating on Xerox today and set a price target of $14.00. The company’s shares closed last Wednesday at $16.54.

Huberty has an average return of 6.1% when recommending Xerox.

According to TipRanks.com, Huberty is ranked #290 out of 7949 analysts.

Xerox has an analyst consensus of Moderate Sell, with a price target consensus of $14.00, which is a -14.7% downside from current levels. In a report issued on July 14, J.P. Morgan also maintained a Sell rating on the stock with a $14.00 price target.

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