US Stock Movement | NXP Semiconductors (NXPI.US) Drops Over 3% After Citi Slashes Price Target

Zhito Finance APP has learned that on Thursday, NXP Semiconductors (NXPI.US) fell more than 3%, reporting at $227.35. On the news front, Citi downgraded NXP Semiconductors from "Buy" to "Neutral" and sharply cut its price target from $370 to $260, citing expectations that the company's earnings estimate revisions will be weaker than its peers as it moves toward 2027.