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NXP Semiconductors (NXPI) stock hit an all-time high Friday, as Needham initiated coverage on the chip company with a strong buy rating. Needham analyst Rajvindra Gill set a price target of 140. NXP stock was up nearly 5%, above 103, in late-morning trading on the stock market today. The stock is now more than 30% extended from a 78.44 buy point touched in early January, so investors might want to be locking in some profits. “We believe the recent Scalper1 News
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