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The Texas Instruments Bull Thesis Continues To Play Out


Texas Instruments Incorporated TXN's third-quarter earnings reporton Tuesday should signal to investors the bullish case for owning the stock remains strong.

JPMorgan's Harlan Sur maintains an Overweight rating on Texas Instruments' stock and boosted the price target from $95 to $110.

Texas Instruments' earnings report was highlighted by continued growth in revenue, margins and free cash flow, while demand trends across all of its target markets continue to be strong, especially in the automotive and industrial segments, Sur said in a Wednesday note. 

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