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Texas Instruments (TXN) PT Lowered to $189 at Benchmark

October 26, 2022 6:25 AM EDT

Benchmark analyst Cody Acree lowered the price target on Texas Instruments (NASDAQ: TXN) to $189.00 (from $205.00) while maintaining a Buy rating.

The analyst comments "Considering the softer tone of business weve heard thus far into earnings season, TI began 3Q with an outlook that was decidedly more cautious than would be normal seasonally. As the quarter... More