Buy Texas Instruments Stock, TD Cowen Says. It’s the ‘Best Cycle Recovery’ Play. - Barron's
1. TD Cowen upgrades TXN stock from Hold to Buy with a target of $245. 2. Texas Instruments is viewed as a core holding for TMT investors. 3. Analyst anticipates faster free-cash-flow growth as demand recovers. 4. TXN stock increased by 17% this year, outperforming SOXX by 3%. 5. Company faces high uncertainty from tariffs and geopolitics but sees no immediate impact.