TD Cowen raised the firm’s price target on NXP Semiconductors (NXPI) to $210 from $185 and keeps a Buy rating on the shares. The firm noted they gave similar themes of improving cycle signals and no signs of pull-ins yet, but weak gross margins and less 2Q25 upside than Texas Instruments (TXN) sent shares down, exacerbated by a surprising CEO transition announcement. Cowen remains constructive on the stock given resilient capital returns at a discount valuation.
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