Post Profile






Qualcomm: An NXP Buy ‘Good Strategic Sense,’ Says JP Morgan (Correction)

Shares of Qualcomm (QCOM) are up $2.27, or 3%, at $69.72, amidst speculation it will offer to buy NXP Semiconductors (NXPI). That speculation has produced some upgrades and price targets today. J.P. Morgan’s Rod Hall raises his rating on shares of Qualcomm to Overweight from Neutral, "as we believe the stock is now trading materially below Bear case valuation levels,” even though he cuts his target to $55 from $57.
read more

share
See more about: NXP Semiconductors

Related Posts


Qualcomm is reportedly in talks to buy NXP Semiconductors and both stocks are surging (QCOM, NXPI)

Business & Finance : Business Insider: Money Game

Qualcomm is in talks to buy NXP Semiconductors, according to Eyk Henning, Dana Mattioli and Dana Cimilluca at The Wall Street Journal. Qualcomm is worth $95 billion, while NXP has a market cap of $32 billion. A deal could happen wit...

Qualcomm for NXP: A Good Use of Cash, Says RBC

Business & Finance / Investing : Tech Trader Daily

As shares of Qualcomm (QCOM) and NXP Semiconductors (NXPI) surge this afternoon, on speculation the former is talking with the latter about buying it, RBC Capital's Amit Daryanani weighs in with his view of what the deal means, argu...

Qualcomm: Cowen ‘Would Love to See This Deal Consummated’

Business & Finance / Investing : Tech Trader Daily

As mentioned earlier, price targets and ratings were going up today for Qualcomm (QCOM) after a Wall Street Journal report yesterday said the company is in talks to buy NXP Semiconductors (NXPI). Qualcomm today closed up $1.05, or 1...

Maxim, Semtech, Xilinx Among Potential M&A Targets, Says B. Riley

Business & Finance / Investing : Tech Trader Daily

Amidst rumors of a $30 billion or greater buyout of NXP Semiconductors (NXPI) by Qualcomm (QCOM), B. Riley’s chip analyst, Craig Ellis, on Friday offered up his thoughts on what else to expect in semiconductor M&A. Ellis notes there...

Qualcomm for NXP: Take Out Price Could Be Much Higher, Say Bernstein, Jefferies

Business & Finance / Investing : Tech Trader Daily

Shares of Qualcomm (QCOM) and NXP Semiconductors (NXPI) continue to climb higher in early trading, following a report by The Wall Street Journal yesterday afternoon that Qualcomm is in talks to buy NXP. Qualcomm’s up 98 cents, or 1....

Comments


Copyright © 2016 Regator, LLC