Morgan Stanley (NYSE:MS) analyst Craig Hettenbach maintained a Sell rating on Texas Instruments on Monday, setting a price target of $176, which is approximately 9.94% below the present share price of $195.43.
Hettenbach expects Texas Instruments to post earnings per share (EPS) of $1.84 for the second quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Texas Instruments, with an average price target of $192.94.
The analysts price targets range from a high of $225 to a low of $155.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.08 billion and a net profit of $1.86 billion. The company's market cap is $180.38 billion.
According to TipRanks.com, Morgan Stanley analyst Craig Hettenbach is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.3% and a 67.40% success rate.
Incorporated in 1930, Texas Instruments Incorporated (NASDAQ:TXN), a global semiconductor company, designs, manufactures and sells analog and embedded processing chips. The company operates through two segments, including Analog, and Embedded Processing. The company is headquartered in Dallas, Texas.