5 Stocks Receiving Price Target Hikes After Earnings Beat

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In this article, we discuss the 5 stocks receiving price target hikes after earnings beat. If you want to see more such stocks on the list, go directly to 10 Stocks Receiving Price Target Hikes After Earnings Beat.

5. Texas Instruments Incorporated (NASDAQ:TXN)

Number of Hedge Fund Holders: 59

Several market research firms raised their price targets for Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, January 25, after the Q4 earnings beat. BMO Capital lifted its price target from $195 to $215, UBS raised its price target from $165 to $190, and Benchmark increased its price target from $189 to $203.

If we look at the results, Texas Instruments Incorporated (NASDAQ:TXN) reported earnings of $2.13 per share for the fourth quarter, beating estimates of $1.98 per share. The quarterly sales of $4.67 billion also topped the consensus of $4.62 billion.

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