Morgan Stanley Maintains Underweight on Texas Instruments, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joseph Moore maintains an Underweight rating on Texas Instruments (NASDAQ:TXN) but raises the price target from $154 to $167.
October 23, 2024 | 12:08 pm
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Morgan Stanley's analyst Joseph Moore maintains an Underweight rating on Texas Instruments but raises the price target from $154 to $167, indicating a slightly more positive outlook despite the cautious rating.
The Underweight rating suggests a cautious stance, but the raised price target indicates a slightly improved outlook. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100