Barclays Maintains Equal-Weight on Texas Instruments, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley has maintained an Equal-Weight rating on Texas Instruments (NASDAQ:TXN) but reduced the price target from $165 to $160.
January 16, 2024 | 6:08 pm
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Barclays has maintained an Equal-Weight rating on Texas Instruments but lowered the price target from $165 to $160.
The reduction in price target by Barclays, a major financial institution, suggests a tempered expectation of Texas Instruments' stock performance, which could lead to a negative short-term impact on the stock price.
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