Texas Instruments Incorporated (TXN) has been a focal point for investors, with the semiconductor company's stock being up 15.9% since its last earnings report. Despite underperforming on certain days compared to its competitors, the company's share price target has been raised to $190.00. The stock has attracted attention from Balboa Wealth Partners, King Luther Capital Management Corp, and Edgar Lomax Co. VA, amongst others, all modifying their stake in Texas Instruments. Critical overviews offer insights into company's performance and its strategic SWOT. The company surpassed analyst revenue forecasts for Q1 2024 and its share price dynamics like underperformance in Q3 and steady dividend yields are noted. Some concerns revolve around a slump in demand for its semiconductors. The company also priced $3.0 billion of investment grade notes. Texas Instruments remains a favorite amongst institutional investors, owning 87% of the company, despite some share selling activities from insiders and Haverford Trust Co. Recently, Director Ronald Kirk sold 12,299 shares of Texas Instruments. Analyst recommendations vary, with Wolfe Research initiating peer performance coverage while Wells Fargo initiated an underweight recommendation amid revenue concerns.
Texas Instruments Incorporated TXN News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 18:18:56 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -3
