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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