NXP stock price slips into long weekend as TD Cowen lifts NXPI target and traders eye earnings
New York, Jan 17, 2026, 18:38 EST — Market closed NXP Semiconductors N.V. shares fell 0.6% to close Friday at $237.11, wiping out some gains from earlier this week. TD Cowen boosted its price target from $260 to $285 while maintaining a buy rating, citing NXP’s demand outlook as “optically better than others to-date.” (Investing.com India) The pullback happened even though chip stocks generally gained on Friday. The Philadelphia Semiconductor Index climbed 1.2%, while U.S. equities finished mostly flat ahead of Monday’s Martin Luther King Jr. Day holiday, Reuters reported. Ameriprise’s Anthony Saglimbene described markets as “flat-lining” with earnings season