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Truist Lifts PT on Texas Instruments Incorporated (TXN) on Q1 Results and Q2 Guidance

2026-04-30 23:36:21

Abstract generation in progress

Truist and Cantor Fitzgerald both increased their price targets for Texas Instruments Incorporated (TXN) after the company reported strong Q1 results and optimistic Q2 guidance. Truist cited broadening demand from AI and data centers to industrial sectors, while Cantor Fitzgerald noted that results exceeded expectations, reinforcing a bullish outlook for analog semiconductors despite geopolitical risks.

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