FMP

FMP

Enter

Benchmark analysts raised their price target for Texas Instruments (NASDAQ:TXN) to $230 from $210, while maintaining a Buy rating on the stock. The analysts' in

Benchmark Increases Texas Instruments Price Target to $230, Reaffirms Buy Rating

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Benchmark analysts raised their price target for Texas Instruments (NASDAQ:TXN) to $230 from $210, while maintaining a Buy rating on the stock. The analysts' increased confidence in Texas Instruments stems from a recent Fireside Chat discussion with the company's management, which reinforced their view that TI is well-positioned among large-cap semiconductor stocks as the industry emerges from an inventory correction and enters a new growth cycle.

They noted that Texas Instruments' extensive market reach and substantial inventory position the company favorably to benefit from any improvements in industry supply and demand dynamics.

Furthermore, the analysts highlighted Texas Instruments' strategic focus on increasing capital expenditures, including plans to complete four to six new 300mm facilities in addition to its two existing ones. This expansion is expected to enhance the company's gross and operating margins and provide a more competitive cost structure over the medium to long term.

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep