JP Morgan Maintains Overweight on Texas Instruments, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur has maintained an Overweight rating on Texas Instruments (NASDAQ:TXN) and increased the price target from $180 to $195.
April 24, 2024 | 3:11 pm
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POSITIVE IMPACT
Texas Instruments' price target was raised from $180 to $195 by JP Morgan, maintaining an Overweight rating.
The increase in price target by a reputable analyst like Harlan Sur from JP Morgan is a strong positive signal for Texas Instruments. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100