Cantor Fitzgerald raises Texas Instruments stock price target to $300 By Investing.com
Cantor Fitzgerald increased its price target for Texas Instruments (NASDAQ:TXN) to $300 from $280, reiterating a Neutral rating, citing the company's pricing power and internal manufacturing capabilities. The stock is currently trading at $304.10, up 72% year-to-date, with InvestingPro analysis indicating it may be overvalued. Other analyst firms, including Benchmark, UBS, TD Cowen, BofA Securities, and Truist Securities, have also adjusted their price targets upward following strong Q1 earnings and Q2 guidance.
https://ca.investing.com/news/stock-market-news/cantor-fitzgerald-raises-texas-instruments-stock-price-target-to-300-93CH-4634885