Texas Instruments raised to a outperform
Analysts at Credit Suisse upgraded Texas Instruments Incorporated (TXN) to “outperform” from “neutral”. In addition, the research boosted its price target on the stock from $77 to $95. With TXN currently trading at $74.90, the new price target suggests 26.8% upside potential.
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About Texas Instruments Incorporated
Texas Instruments Inc is a Dallas-based generates about 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in digital signal processors, used in wireless communications, and microcontrollers used in a wide variety of electronics applications.