Information Provided By: 
Fly News Breaks for January 23, 2020
TXN
Jan 23, 2020 | 06:20 EDT
Nomura Instinet analyst David Wong raised his price target for Texas Instruments to $120 from $106 and keeps a Neutral rating on the shares. While the company's March quarter guidance was slightly above the consensus estimate, it still represents a meaningful year-over-year decline despite being against an easy comparison, Wong tells investors in a post-earnings research note. However, the analyst continues to expect a semiconductor industry recovery in 2020.
News For TXN From the Last 2 Days
TXN
Apr 25, 2024 | 06:47 EDT
Baird raised the firm's price target on Texas Instruments to $175 from $125 and keeps a Neutral rating on the shares. The firm said any unexpected/incremental softening in demand would likely trigger price cuts given the current environment of low lead times and excess capacity, and the shape of 2H recovery will be critical in addressing inventory levels.
