Texas Instruments Inc
TXN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$621.00 | Dmj | Kbqddvgn |
Texas Instruments Earnings: Entering Recovery Mode but Shares Still Look Rich to Us
Wide-moat Texas Instruments reported solid second-quarter results and provided investors with a decent third-quarter forecast that suggests the business will recover slightly from the cyclical downturn that plagued the company and its peers in recent quarters. We maintain our $146 fair value estimate and view shares as overvalued.