Mizuho lowered the firm’s price target on Texas Instruments to $164 from $170 and keeps a Neutral rating on the shares. The company’s March quarter guidance came in well below consensus and its commentary could be a challenge for other auto industrial analog suppliers, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TXN:
- Texas Instruments (NASDAQ:TXN): Q1 Outlook Weighs on Stock Price
- TI reports Q4 2023 and 2023 financial results and shareholder returns
- Options Volatility and Implied Earnings Moves Today, January 23, 2024
- Texas Instruments initiated with a Neutral at Cantor Fitzgerald
- Options Volatility and Implied Earnings Moves This Week, January 22 – January 26, 2024
