Texas Instruments price target raised to $250 from $210 at Rosenblatt

Rosenblatt raised the firm’s price target on Texas Instruments to $250 from $210 and keeps a Buy rating on the shares. The analyst sees the company delivering to Q2 expectations and guiding to mid-single-digit growth. This should confirm that the bottoming cyclical analog dynamic occurred in the first half of 2024, the analyst tells investors in a research note.