TD Cowen analyst Joshua Buchalter has maintained their bullish stance on TXN stock, giving a Buy rating yesterday.
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Joshua Buchalter has given his Buy rating due to a combination of factors that suggest Texas Instruments is poised for long-term growth. Despite recent market volatility and challenges such as tariffs and stable demand, Buchalter believes that Texas Instruments will outperform its peers during this turbulent period. The company’s fundamentals are improving, with free cash flow expected to increase as the current investment cycle winds down.
Furthermore, Buchalter notes that while the recent quarter’s results did not meet high investor expectations, the reaction was likely an overreaction. The company’s industrial segment performed as anticipated, and the overall demand, revenue, and margins are trending positively. Buchalter remains confident in Texas Instruments’ ability to expand its free cash flow in the coming years, supporting his Buy rating with a price target of $230.
In another report released yesterday, Robert W. Baird also reiterated a Buy rating on the stock with a $220.00 price target.