** Texas Instruments' TXN.O quarterly profit forecast disappointed investors, pointing to soft analog chip demand and tariff-related uncertainty
** Shares of TXN down 11.5% at $190.05 in premarket trading
EVEN TEXAS CAN'T OUTRIDE THE TRADE WINDS
** JP Morgan ("Overweight," PT: $225) says demand is still fairly strong, but signs of weakness are showing due to tariffs, and they expect this softer trend to continue
** Morgan Stanley ("Underweight," PT: $197) sees sector-wide weakness in gross margins and cash flow and says domestic capacity won't solve global tariff issues, prefers ADI ADI.O and NXP NXPI.O for strong fundamentals and recovery potential
** Bernstein ("Market Perform," PT: $180) "tone appears to have shifted markedly with seemingly more caution around the geopolitical and tariff environment, and an admission of probable tariff-related pull-forward now somewhat tempering the company's continued optimism around the cycle"
** Jefferies ("Hold," PT: $185) sees limited upside and believes the analog sector, including TXN, needs a 'breather' given high valuations
(Reporting by Rashika Singh in Bengaluru)
((rashika.singh@thomsonreuters.com))
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