Jefferies raises Texas Instruments price target to $185, Q2 EPS surpasses estimates, and dividend declared at $1.30.
Jefferies Financial Group raises Texas Instruments (TXN) price target to $185 from $175, maintaining a hold rating. Q2 earnings of $1.22 EPS exceeded analysts' estimates by $0.06, and the company declared a $1.30 quarterly dividend with a 2.57% yield. Other brokerages have also adjusted their targets: KeyCorp to $250 (overweight), Morgan Stanley to $156 (underweight), and Rosenblatt Securities to $250 (buy).
July 27, 2024
4 Articles