Susquehanna analyst Christopher Rolland raised the firm’s price target on Texas Instruments to $205 from $195 and keeps a Positive rating on the shares. The analyst noted the company reported generally in-line 4Q results, but weaker 1Q23 guidance as demand weakened for all of their major end markets, with the exception of Automotive.
Published first on TheFly
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- Texas Instruments says Q4 results reflect weaker demand in all end markets
- TI reports Q4 2022 and 2022 financial results and shareholder returns
