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NXP Semiconductors price target raised to $168 from $160 at Stifel

Stifel analyst Tore Svanberg raised the firm’s price target on NXP Semiconductors to $168 from $160 and keeps a Hold rating on the shares after adjusting the firm’s calendar 2023 revenue forecast lower and non-GAAP EPS forecast higher in the wake of the company’s Q4 report.

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