Texas Instruments, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Cody Acree from Benchmark Co. reiterated a Buy rating on the stock and has a $220.00 price target.
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Cody Acree has given his Buy rating due to a combination of factors including Texas Instruments’ solid performance in the June quarter and its strategic positioning for industry recovery. Despite a conservative earnings guidance for the September quarter, driven by pull-in orders related to tariff concerns, the company’s outlook remains ahead of market expectations.
Texas Instruments is witnessing a broad recovery across its Industrial, Personal Electronics, Enterprise Systems, and Communications Infrastructure segments, although the Automotive market shows mixed signals. The company’s global manufacturing capacity and diverse market presence position it well to capitalize on the semiconductor industry’s cyclical recovery. Consequently, Acree has reiterated a Buy rating and increased the price target to $220, reflecting confidence in the company’s growth prospects through FY26.
According to TipRanks, Acree is a top 100 analyst with an average return of 22.5% and a 67.15% success rate. Acree covers the Technology sector, focusing on stocks such as indie Semiconductor, Marvell, and Silicon Laboratories.
In another report released today, KeyBanc also maintained a Buy rating on the stock with a $240.00 price target.