Bernstein initiated coverage on NXP Semiconductors NV NXPI with a Outperform rating.
The target price for NXP Semiconductors is set to $133.
NXP Semiconductors shares have gained 70.60 percent over the past 52 weeks, while the S&P 500 index has surged 10.96 percent in the same period.
NXP Semiconductors' shares fell 0.26 percent to $103.30 in pre-market trading.
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