Texas Instruments (TXN) Plunges 3.24% on TD Cowen Price Cut

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 5:18 am ET1min read

On April 10, 2025,

experienced a 3.24% drop in pre-market trading, reflecting a significant decline in investor sentiment.

TD

recently lowered its target price for Texas Instruments from $200 to $160, sparking widespread market attention. This adjustment has led to speculation about the underlying reasons and potential market impacts. Investors are now more cautious, given the volatile nature of the financial market.

Despite the market downturn, Texas Instruments has shown resilience in its financial performance. The company reported a total revenue of $15.64 billion for the year ending December 31, 2024, although this represents a 10.72% decrease year-over-year. The net income attributable to the company also declined by 26.28% to $4.8 billion during the same period.

Looking ahead, Texas Instruments is scheduled to release its first-quarter financial results for the fiscal year 2025 on April 22. This report will provide further insights into the company's performance and future outlook, which could influence investor decisions and market sentiment.

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