Texas Instruments price target raised to $300 from $275 at Susquehanna

Susquehanna raised the firm’s price target on Texas Instruments (TXN) to $300 from $275 and keeps a Positive rating on the shares. The firm said they reported better results and guidance, driven primarily by an accelerated recovery in Industrial. While nearly all segments bested our prior expectations, Industrial was a notable standout as revenues increased on a sequential basis across all sectors and geographies.