Texas Instruments (NASDAQ:TXN) Upgraded at DZ Bank

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DZ Bank has upgraded Texas Instruments (NASDAQ:TXN) to a “strong sell” rating, a contrarian view amidst a consensus “Hold” rating and an average price target of $212.92. This comes despite TXN shares trading near a one-year high of $226.56 and other analysts raising their price targets. The company recently slightly missed quarterly earnings expectations but has positive long-term sentiment due to strong growth stock characteristics, macro tailwinds, and benefits from data-center demand, though it faces risks related to international sales.

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