TD Cowen Names NXP (NXPI) a Top Pick, Raises Price Target to $285

NXP Semiconductors N.V. (NASDAQ:NXPI) is one of the AI Stocks on Market Radar. On January 16, TD Cowen raised the price target on the stock to $285.00 from $260.00 while maintaining a “Buy” rating. The firm is positive on NXPI owing to its conservative setup and attractive valuation. The firm said NXPI’s cautious first-quarter outlook leaves room for upside, while other semiconductor companies may see muted growth. The company is one of TD Cowen’s top three picks heading into earnings alongside IFX and AD ...