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via seekingalpha.comBusiness & Companies

Texas Instruments in focus after results and guidance beat estimates

FROM THE WIRE · SEEKINGALPHA.COM

[Computer chip through magnifying glass] visualspace/iStock via Getty Images Texas Instruments (TXN [https://seekingalpha.com/symbol/TXN]) was in the spotlight on Thursday as Wall Street weighed in on the analog semiconductor company's results and guidance…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults and guidance above estimates in analog semiconductors, with Morgan Stanley raising its price target.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Texas Instruments reported results and guidance better than expected.
  2. 02Shares fell 0.5% in premarket trading, erasing earlier gains.
  3. 03Morgan Stanley raised its price target to $278 from $255.
  4. 04The analyst said the recovery in the broader analog market still feels 'early'.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Texas Instruments IncorporatedTXNStock284.65 USDMarket closedtoday +2.47%Positive Analog Devices, Inc.ADIStock405.96 USDMarket closedtoday +2.24%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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