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.
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