Citigroup Downgrades NXP Semiconductors to Neutral, Lowers Price Target to $260

Benzinga Newsdesk www.benzinga.com Negative 94.1%

Neg 94.1% Neu 0% Pos 0%

Citigroup analyst Atif Malik downgrades NXP Semiconductors (NASDAQ:NXPI) from Buy to Neutral and lowers the price target from $370 to $260.