Cowen analyst Joshua Buchalter raised the firm’s price target on Texas Instruments to $175 from $160 and keeps a Market Perform rating on the shares. The analyst said results and slight guidance miss were better than feared but noted long-term investments are impacting near-term margins.
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Published first on TheFly
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- TXN Results Impact the Chip Sector
- Texas Instruments price target raised to $165 from $159 at Mizuho
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- TI reports Q4 2022 and 2022 financial results and shareholder returns