Texas Instruments price target raised to $218 from $210 at BofA

BofA raised the firm’s price target on Texas Instruments (TXN) to $218 from $210 and keeps a Neutral rating on the shares as part of a Q2 preview for the analog semiconductor group. The firm says industrial and auto data points are mixed but improving in the near-term. The analyst cites valuation for the Neutral rating on the shares.