Texas Instruments Unusual Options Activity For April 04
Portfolio Pulse from Benzinga Insights
Recent options activity for Texas Instruments (NASDAQ:TXN) shows a bullish sentiment among investors, with 55% of trades being bullish. The observed trades suggest a price target range of $165.0 to $180.0. Notable options trades include both bullish and bearish sentiments across various expiration dates and strike prices. Texas Instruments, a leading semiconductor manufacturer, has seen its stock price increase by 1.11%, with a current price of $172.23. An analyst from Cantor Fitzgerald has issued a neutral rating with a price target of $170. The company's next earnings report is expected in 19 days.
April 04, 2024 | 7:33 pm
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Texas Instruments shows bullish options activity with a price target range of $165-$180. Stock is currently at $172.23, with a neutral analyst rating from Cantor Fitzgerald at a $170 target. Earnings report due in 19 days.
The bullish options activity, combined with the current stock price performance and the upcoming earnings report, suggests a positive short-term outlook for TXN. The neutral analyst rating indicates a cautious optimism, balancing the overall positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100