UBS Downgrades NXP Semiconductors to Neutral, Lowers Price Target to $270

Benzinga Newsdesk www.benzinga.com Negative 93.2%

Neg 93.2% Neu 0% Pos 0%

UBS analyst Francois-Xavier Bouvignies downgrades NXP Semiconductors (NASDAQ:NXPI) from Buy to Neutral and lowers the price target from $305 to $270.