US Stock Movement | NXP Semiconductors (NXPI.US) drops over 3% after Citi significantly lowers target price
智通财经2026/10/08 15:36According to Zhitong Finance APP, on Thursday, NXP Semiconductors (NXPI.US) fell more than 3% to $227.35. According to reports, Citi downgraded NXP Semiconductors’ rating from “Buy” to “Neutral” and sharply lowered its target price from $370 to $260, citing expectations that the company’s earnings revisions toward 2027 will be weaker than its peers.
Zhitong Finance APP has learned that on Thursday, NXP (NXPI.US) fell by more than 3%, closing at $227.35. According to reports, Citi downgraded NXP Semiconductors from "Buy" to "Neutral" and sharply lowered its target price from $370 to $260, citing expectations that the company's earnings forecast revisions on its path to 2027 will be weaker than those of its peers.
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