NXP Semiconductors Could Spike 14%, Vetr Crowd Says

Shares of NXP Semiconductors NV NXPI have lost 2.25 percent of their value over the last three trading sessions. This, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $115.26, which implies a potential return of more than 14 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the larger upside potential, the Vetr community upgraded its rating on shares of NXP Semiconductors on Tuesday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.

Finally, it should be noted that 66 percent of the crowd’s ratings are bullish at the time, meaning that those positive on the stock are particularly optimistic about the upside potential it offers.