Morgan Stanley (NYSE:MS) analyst Joseph Moore maintained a Sell rating on Texas Instruments on Monday, setting a price target of $154, which is approximately 4.12% below the present share price of $160.61.
Moore expects Texas Instruments to post earnings per share (EPS) of $1.47 for the fourth quarter of 2020.
The current consensus among 22 TipRanks analysts is for a Moderate Buy rating of shares in Texas Instruments, with an average price target of $161.75.
The analysts price targets range from a high of $185 to a low of $140.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.82 billion and a net profit of $1.66 billion. The company's market cap is $147.43 billion.
According to TipRanks.com, Morgan Stanley analyst Joseph Moore is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.9% and a 61.21% success rate.
Texas Instruments Incorporated (NASDAQ:TXN) engages in the design and manufacture semiconductor solutions for analog and digital embedded and application processing. It operates through the following segments: Analog, and Embedded Processing. The Analog segment semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company was founded by Cecil H. Green, Patrick Eugene Haggerty, John Erik Jonsson and Eugene McDermott in 1930and is headquartered in Dallas, TX.