Bank of America Upgrades Texas Instruments to Buy with $320 Price Target
Bank of America upgraded Texas Instruments (TXN) to Buy with a $320 price target, citing strong Q1 results and growth in analog and data center segments. The upgrade reflects confidence in Texas Instruments' U.S. fab buildout and industrial AI demand, with raised earnings forecasts for 2026-2028.
Topics: AI chips analyst report industrial demand price target stock upgrade Texas Instruments