Texas Instruments (TXN) Gets a Sell from Morgan Stanley

Morgan Stanley analyst Joseph Moore maintained a Sell rating on Texas Instruments (TXNResearch Report) today and set a price target of $166.00. The company’s shares closed yesterday at $184.72.

According to TipRanks, Moore is a 5-star analyst with an average return of 10.1% and a 54.79% success rate. Moore covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Microchip, and Texas Instruments.

Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $184.06.

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The company has a one-year high of $185.98 and a one-year low of $141.37. Currently, Texas Instruments has an average volume of 5.51M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TXN in relation to earlier this year. Most recently, in November 2022, Janet Clark, a Director at TXN sold 9,990.00 shares for a total of $1,749,848.40.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 1930, Texas Instruments Incorporated, a global semiconductor company, designs, manufactures and sells analog and embedded processing chips. The company operates through two segments, including Analog, and Embedded Processing. The company is headquartered in Dallas, Texas.

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