Key facts: UBS maintains Buy on Texas Instruments; lowers price target
Less than 1 min read
- UBS analysts kept a Buy rating on Texas Instruments, lowering the price target to $245. They expect Q3 revenue of $4.8 billion and Q4 guidance of $4.5-$4.6 billion.1
- Texas Instruments (TXN) has experienced a 5.9% annual decline in sales over the past two years, alongside an 11.4 percentage point decrease in operating margin over the last five years.2