Cantor Fitzgerald Raises Texas Instruments Price Target to $300

Cantor Fitzgerald analyst Matthew Prisco raised the price target on Texas Instruments (NASDAQ: TXN) to $300.00 (from $280.00) while maintaining a Neutral rating.

“Positivity continues to increase here, but we continue to believe less preferential exposure and requirement to look to FCF drives better upside elsewhere – conversely, pricing power (hearing 2nd raise in July), best internal manufacturing story, and favorable positioning could be source of upside.”

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