Susquehanna Maintains Positive on Texas Instruments, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a Positive rating on Texas Instruments (NASDAQ:TXN) but has reduced the price target from $205 to $200.
January 24, 2024 | 7:34 pm
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NEUTRAL IMPACT
Susquehanna has maintained a Positive rating on Texas Instruments but lowered the price target from $205 to $200, indicating a slight reduction in expected future stock performance.
While the maintenance of a Positive rating suggests continued confidence in Texas Instruments' performance, the reduction in price target could signal a tempered outlook on the stock's growth potential. This might have a neutral to slightly negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100