TD Cowen analyst Joshua Buchalter raised the firm’s price target on Texas Instruments (TXN) to $300 from $250 and keeps a Buy rating on the shares. The firm said its results/guide featured upside that bulls have been waiting for, with strong industrial and DC growth allowing Cowen’s thesis that GMs have outsized torque on volume to play out.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 raised to $300 from $275 at Susquehanna
- Texas Instruments price target raised to $280 from $235 at Citi
- Texas Instruments price target raised to $330 from $240 at Rosenblatt
- Texas Instruments price target raised to $315 from $250 at Benchmark
- Texas Instruments price target raised to $300 from $225 at Baird