Texas Instruments (TXN) PT Raised to $250 at Benchmark

Benchmark analyst Cody Acree raised the price target on Texas Instruments (NASDAQ: TXN) to $250.00 (from $220.00) while maintaining a Buy rating.

The analyst commented: "The shares of Texas Instruments rose sharply after hours, trading up as much as 8%, as the industry’s leading analog maker broke its last two quarter streak of lighter guidance by posting in line December results and provided an encouraging upside for the March period, which was the first guidance for sequential Q1 growth in over 20 years. We note that TI has actually only seen sequential Q1 growth in five of the last 20 years, the last being in 1Q25 and 1Q22. All in all, it was a very clean quarter, with a much better than expected outlook."

You May Also Be Interested In

• JPMorgan Downgrades Tata Technologies (TATATECH:IN) to Underweight
• Mizuho Downgrades Apogee Therapeutics Inc (APGE) to Neutral
• Koninklijke Ahold Delhaize NV (AD:NA) (ADRNY) Placed on Negative Catalyst Watch at JPMorgan