Barclays Maintains Equal-Weight on Texas Instruments, Lowers Price Target to $150
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 $160 to $150.
January 24, 2024 | 9:22 pm
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Barclays has maintained an Equal-Weight rating on Texas Instruments but lowered the price target from $160 to $150.
The reduction in price target by Barclays, a major financial institution, could lead to a negative perception among investors, potentially causing a short-term decline in TXN's stock price. However, since the rating remains unchanged, the impact might be moderate rather than severe.
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