Texas Instruments up on $1.6 bln CHIPS Act funding
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Stifel Reiterates Hold Rating on Texas Instruments (TXN)
August 20, 2024 3:15 PM EDTStifel analyst Tore Svanberg reiterated a Hold rating and $200.00 price target on Texas Instruments (NASDAQ: TXN).
The analyst comments "With todays updated capital management plan, we believe there has been a clear structural change not necessarily in the companys ability to achieve its FCF/ share growth targets, but rather the additional... More
Texas Instruments (TXN) PT Raised to $200 at Deutsche Bank
August 20, 2024 3:13 PM EDTDeutsche Bank analyst Ross Seymore raised the price target on Texas Instruments (NASDAQ: TXN) to $200.00 (from $185.00) while maintaining a Hold rating.
The analyst comments "TXN has long been one of the most efficient allocators of capital within the semiconductor sector and we believe todays Capital Management Update should comfort... More
Bernstein SocGen Group Reiterates Underperform Rating on Texas Instruments (TXN)
August 19, 2024 5:53 AM EDTBernstein SocGen Group analyst Stacy Rasgon reiterated an Underperform rating and $140.00 price target on Texas Instruments (NASDAQ: TXN)
The analyst comments "We do not expect capex cuts to be articulated for this year, or next (in fact the companys CHIPS Act announcements last week, particularly the tax credits, likely dont leave much room... More
