Wolfe Research analyst Chris Caso upgraded Texas Instruments (TXN) to Outperform from Peer Perform with a $230 price target The company’s multi-year investment cycle is nearing an end, which should drive free cash flow and margin leverage in 2027 and beyond, the analyst tells investors in a research note. Wolfe also believes Texas Instruments is well positioned to benefit from a cyclical recovery in analog in the near-term.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TXN:
- Texas Instruments upgraded to Outperform from Peer Perform at Wolfe Research
- Trump admin to release results of chip imports probe in two weeks, Reuters says
- Texas Instruments Stock Tumbles Amid Mixed Signals
- Lululemon, Wix, Texas Instruments, Unity, Celsius: Trending by Analysts
- Texas Instruments Reports Mixed Earnings Amid Strong Revenue Growth