Truist Securities Maintains Hold on Texas Instruments, Lowers Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has maintained a Hold rating on Texas Instruments (NASDAQ:TXN) and reduced the price target from $169 to $168.

January 24, 2024 | 2:51 pm
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Truist Securities analyst William Stein maintains a Hold rating on Texas Instruments and lowers the price target from $169 to $168.
The adjustment in price target by Truist Securities is minimal, suggesting a slight change in valuation assessment. However, since the rating remains a Hold and the price target change is only by $1, the short-term impact on the stock price is likely to be neutral. Investors may have already priced in the current valuation given by Truist Securities.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100