TD Cowen lowered the firm’s price target on Texas Instruments (TXN) to $200 from $210 and keeps a Buy rating on the shares. The firm said with the company done building inventory, seasonality, depreciation, and underutilization are coalescing into gusting GM% headwinds. Directionally unsurprising, and FCF should be the story, but 4Q25E 55% GM% is an eyesore.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TXN:
- Texas Instruments price target lowered to $145 from $150 at Mizuho
- Video: Netflix, Texas Instruments fall after earnings
- Morning Movers: GE Vernova climbs after third quarter earnings
- Texas Instruments price target lowered to $175 from $192 at Morgan Stanley
- Texas Instruments price target lowered to $170 from $200 at Cantor Fitzgerald