Citigroup Maintains Neutral on Texas Instruments, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Danely maintains a Neutral rating on Texas Instruments (TXN) and raises the price target from $167 to $185.
May 13, 2024 | 6:40 pm
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Citigroup has maintained its Neutral rating on Texas Instruments but increased the price target from $167 to $185, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests an optimistic valuation of Texas Instruments, likely due to positive financial or market performance indicators. This adjustment reflects an expectation of higher future stock prices, potentially influencing investor sentiment positively in the short term.
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