Wells Fargo Initiates Coverage On Texas Instruments with Underweight Rating, Announces Price Target of $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Texas Instruments with an Underweight rating and set a price target of $150.
May 16, 2024 | 2:26 pm
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Wells Fargo has initiated coverage on Texas Instruments with an Underweight rating and set a price target of $150.
The Underweight rating and the price target of $150, which is below the current market price, suggest a bearish outlook from Wells Fargo. This could lead to a short-term decline in TXN's stock price as investors react to the negative sentiment.
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