Is NXP Semiconductors’ Drop Overblown?
NXP Semiconductors (NXPI) saw its shares get crushed despite reporting strong top-line and bottom-line growth in the last reported quarter. While several analysts recently lowered their price target on the stock, given increased chip demands across industries, can the stock maintain its market standing? Let’s find out. shutterstock.com – StockNews NXP Semiconductors N.V. (NXPI) provides…