Texas Instruments (NASDAQ:TXN) Price Target Raised to $250.00 at Susquehanna

Texas Instruments (NASDAQ:TXN - Get Free Report) had its target price boosted by investment analysts at Susquehanna from $220.00 to $250.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a "positive" rating on the semiconductor company's stock. Susquehanna's target price suggests a potential upside of 17.10% from the company's current price.

A number of other equities analysts have also weighed in on the stock. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a research report on Tuesday. Arete started coverage on Texas Instruments in a report on Thursday, June 26th. They issued a "neutral" rating and a $203.80 target price for the company. Arete Research raised Texas Instruments to a "hold" rating in a report on Thursday, June 26th. The Goldman Sachs Group started coverage on Texas Instruments in a report on Thursday, July 10th. They issued a "buy" rating and a $255.00 target price for the company. Finally, Mizuho raised their target price on Texas Instruments from $170.00 to $205.00 and gave the company a "neutral" rating in a report on Tuesday, July 8th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and a consensus price target of $205.28.

Texas Instruments Stock Down 0.5%

Shares of TXN stock traded down $1.07 during trading hours on Tuesday, reaching $213.50. 3,978,596 shares of the stock were exchanged, compared to its average volume of 6,464,071. The business's fifty day moving average is $199.35 and its two-hundred day moving average is $185.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. Texas Instruments has a 12-month low of $139.95 and a 12-month high of $221.69. The firm has a market capitalization of $193.96 billion, a P/E ratio of 40.49, a P/E/G ratio of 3.53 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm's revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.10 earnings per share. As a group, research analysts expect that Texas Instruments will post 5.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Texas Instruments

Institutional investors have recently made changes to their positions in the company. Summit Securities Group LLC bought a new position in Texas Instruments during the 4th quarter worth $27,000. Cloud Capital Management LLC bought a new position in shares of Texas Instruments in the first quarter worth $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments in the fourth quarter worth $30,000. Dagco Inc. bought a new position in shares of Texas Instruments in the first quarter worth $32,000. Finally, CBIZ Investment Advisory Services LLC grew its stake in shares of Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 75 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

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