Benchmark Raises Texas Instruments Price Target to $250
Benchmark analyst Cody Acree raised the price target on Texas Instruments (NASDAQ: TXN) to $250.00 (from $220.00) while maintaining a Buy rating.
“The shares of Texas Instruments rose sharply after hours, trading up as much as 8%, as the industry’s leading analog maker broke its last two quarter streak of lighter guidance by posting in line December results and provided an encouraging upside for the March period, which was the first guidance for sequential Q1 growth in over 20 years.
We note that TI has actually only seen sequential Q1 growth in five of the last 20 years, the last being in 1Q25 and 1Q22.
All in all, it was a very clean quarter, with a much better than expected outlook.”
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