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NXP Semiconductors NV (NXPI) receives a Buy rating from Citigroup

NXP Semiconductors NV’s filing revealed that its EVP & General Counsel Wuamett Jennifer unloaded Company’s shares for reported $0.81 million on Sep 17 ’24. In the deal valued at $232.35 per share,3,500 shares were sold. As a result of this transaction, Wuamett Jennifer now holds 30,269 shares worth roughly $6.39 million.

Then, JENNIFER B WUAMETT bought 3,500 shares, generating $813,225 in total proceeds.

Before that, Southern Julie bought 146 shares. NXP Semiconductors NV shares valued at $37,600 were divested by the Chair at a price of $257.54 per share. As a result of the transaction, Southern Julie now holds 11,297 shares, worth roughly $2.39 million.

Citigroup upgraded its NXP Semiconductors NV [NXPI] rating to a Buy from a a Neutral in a research note published on February 20, 2025; the price target was increased to $290 from $210. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid February from “an Equal-weight” to “an Overweight”. Citigroup also remained covering NXPI and has increased its forecast on February 05, 2025 with a “Neutral” recommendation from previously “Sell” rating. Goldman revised its rating on January 10, 2025. It rated NXPI as “a Buy” which previously was an “a Neutral”.

Price Performance Review of NXPI

On Tuesday, NXP Semiconductors NV [NASDAQ:NXPI] saw its stock fall -2.48% to $211.16. Over the last five days, the stock has lost -7.61%. NXP Semiconductors NV shares have risen nearly 1.59% since the year began. Nevertheless, the stocks have fallen -15.44% over the past one year. While a 52-week high of $296.08 was reached on 02/20/25, a 52-week low of $198.21 was recorded on 02/03/25. SMA at 50 days reached $215.69, while 200 days put it at $239.63.

Levels Of Support And Resistance For NXPI Stock

The 24-hour chart illustrates a support level at 208.55, which if violated will result in even more drops to 205.94. On the upside, there is a resistance level at 215.94. A further resistance level may holdings at 220.72. The Relative Strength Index (RSI) on the 14-day chart is 41.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.02%. Stochastics %K at 12.07% indicates the stock is a buying.

The most recent change occurred on November 22, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $250 price target.

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