Wolfe Research upgrades Texas Instruments to outperform, sees cyclical recovery ahead
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最新报道：Wolfe Research upgraded Texas Instruments (TXN) to "outperform" from "peer perform," citing a potential cyclical recovery in the semiconductor sector. Analyst Blayne Curtis raised the price target to $210 from $175, noting improving demand trends in industrial and automotive markets. The firm believes TI's inventory correction is nearing completion, with orders expected to rebound in late 2025. Shares rose 2.5% following the upgrade as investors anticipate margin expansion from the company's analog chip business. Wolfe's call contrasts with recent concerns about slowing semiconductor demand.
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