On July 14, Texas Instruments rose 3.15% in regular trading, trading at $308.525/share, with turnover of $68.18 million.
On the news front, KeyBanc significantly raised its price target on Texas Instruments from $325 to $390 while maintaining an Overweight rating, making it the highest target among Wall Street firms. Previously, TD Cowen, STIFEL, UBS, Citi, and Cantor Fitzgerald had all raised their targets to the $340-$360 range in recent weeks, reflecting a steadily rising institutional consensus. On fundamentals, Citi previously noted that Texas Instruments stands to benefit from supplying power management chips to NVIDIA in the second half of the year. The company is scheduled to report earnings on July 22 after market close, with consensus EPS estimated at $1.90.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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