Susquehanna analyst Christopher Rolland lowered the firm’s price target on Texas Instruments (TXN) to $240 from $250 and keeps a Positive rating on the shares. While the company reported better top-line results and guidance, the EPS outlook missed the mark. Additionally, management voiced caution on the pace of the cyclical recovery due to ongoing tariff-related uncertainty. They struck a more cautious tone and acknowledged that outsized strength in Industrial and China may subside.
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Read More on TXN:
- Texas Instruments price target raised to $196 from $171 at Truist
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- Texas Instruments price target raised to $220 from $200 at Benchmark
- Texas Instruments price target lowered to $195 from $215 at Wells Fargo
