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Fly News Breaks for January 23, 2020
TXN
Jan 23, 2020 | 06:40 EDT
Citi analyst Christopher Danely raised his price target for Texas Instruments to $150 from $135 and reiterates a Buy rating on the shares. The company reported results and guidance above expectations due to a broad based recovery in most end markets, Danely tells investors in a research note. He believes Texas Instruments' "operational excellence" will continue to drive superior earnings growth compared to its peers.