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NXP Semiconductors NV (NASDAQ:NXPI) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totalling 2,365,227 shares, an increase of 42.9% from the July 15th total of 1,654,966 shares, StockRatingsNetwork.com reports. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 4,003,048 shares, the short-interest ratio is presently 0.6 days.

A number of analysts have recently weighed in on NXPI shares. Analysts at Canaccord Genuity initiated coverage on shares of NXP Semiconductors NV in a research note on Friday, August 8th. They set a “buy” rating and a $78.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of NXP Semiconductors NV in a research note on Friday, July 25th. They now have a $75.00 price target on the stock, up previously from $68.00. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of NXP Semiconductors NV in a research note on Friday, July 25th. They now have a $80.00 price target on the stock, up previously from $72.00. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $69.89.

Shares of NXP Semiconductors NV (NASDAQ:NXPI) opened at 63.02 on Thursday. NXP Semiconductors NV has a 1-year low of $34.66 and a 1-year high of $67.79. The stock has a 50-day moving average of $64.4 and a 200-day moving average of $59.8. The company has a market cap of $15.865 billion and a price-to-earnings ratio of 30.48.

NXP Semiconductors NV (NASDAQ:NXPI) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.05 by $0.04. Analysts expect that NXP Semiconductors NV will post $4.65 EPS for the current fiscal year.

NXP Semiconductors N.V. (NASDAQ:NXPI) is a holding company.

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