Texas Instruments price target raised to $280 from $250 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Texas Instruments (TXN) to $280 from $250 and keeps a Neutral rating on the shares. The quarter was strong for Texas Instruments, with results beating expectations across the board and reinforcing the bullish analog semiconductor outlook, the analyst tells investors in a research note. While near-term momentum appears solid, uncertainty around memory constraints and geopolitical risks in the second half supports a more cautious and selective stance for the broader sector medium term, the firm says.