Mizuho Turns Bearish on NXP: Auto Exposure and Weak 2026 Outlook Cited
Mizuho cut NXP to sell, slashing target to $188 on weak car demand and high inventory.
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Mizuho cut NXP to sell, slashing target to $188 on weak car demand and high inventory.
NXP Semiconductors exceeds Q4 estimates and predicts Q1 revenue above expectations, driven by automotive and industrial demand, despite communication sector weakness.