On July 9, Texas Instruments rose 3.19% in regular trading, trading at $309.11/share, with turnover of $86.56 million. The stock has been lifted by a wave of price target upgrades from major Wall Street firms.

On the news front, Cantor Fitzgerald raised its price target on Texas Instruments from $300 to $340 on July 8. Earlier, UBS raised its target to $350, STIFEL to $360, and Citi to $345, all maintaining buy or overweight ratings. Citi analysts highlighted that Texas Instruments stands to benefit from supplying power management chips to NVIDIA in the second half, positioning the company as a name with upside catalysts. The current FactSet consensus average rating stands at overweight with a mean price target of $301.43.

Within the Semiconductor sector, the broader group traded higher. Among individual stocks, Micron Technology up 6.48%, AMD up 5.91%, Intel up 3.76%, Broadcom up 3.31%, while NVIDIA down 0.52%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)