Texas Instruments (TXN) option implied volatility elevated into EPS and outlook

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Texas Instruments (TXN) PT Raised to $104 at Goldman Sachs; Reiterates Sell

April 25, 2018 7:55 AM EDT

Goldman Sachs raised its price target on Texas Instruments (NASDAQ: TXN) to $104.00 (from $100.00) while maintaining a Sell rating following the company's 1Q earnings report. TXN executed well, with revenue and adjusted EPS coming in ahead of Street expectations 4% and 9%, respectively.

Management guided... More