In recent developments, Cantor Fitzgerald has maintained its 'Neutral' rating for Texas Instruments (TXN, Financial), reaffirming its stance on the semiconductor giant. However, in a significant move, the firm has raised its price target for TXN from USD 170.00 to USD 200.00. This adjustment represents a notable 17.65% increase from the previous target.
This update was spearheaded by analyst Matthew Prisco, who has been consistently tracking the performance of Texas Instruments (TXN, Financial). The new price target comes amid growing industry dynamics and the evolving technological landscape that could impact the company's market positioning.
Investors and stakeholders might interpret this raised price target as an indicator of potential growth or stability within Texas Instruments (TXN, Financial), as evaluated by Cantor Fitzgerald. With the current rating remaining at 'Neutral', the increase in the price target suggests an optimistic outlook on the company's future performance.
Texas Instruments (TXN, Financial) continues to be a focal point in the semiconductor sector, with analysts closely monitoring its financial health and strategic decisions. Cantor Fitzgerald's recent adjustment reflects ongoing assessments of market conditions and company projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 29 analysts, the average target price for Texas Instruments Inc (TXN, Financial) is $179.43 with a high estimate of $248.00 and a low estimate of $125.00. The average target implies an downside of 9.94% from the current price of $199.23. More detailed estimate data can be found on the Texas Instruments Inc (TXN) Forecast page.
Based on the consensus recommendation from 38 brokerage firms, Texas Instruments Inc's (TXN, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Texas Instruments Inc (TXN, Financial) in one year is $167.46, suggesting a downside of 15.95% from the current price of $199.23. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Texas Instruments Inc (TXN) Summary page.
