StoneX reiterates Buy rating on Texas Instruments stock at $360 By Investing.com

• StoneX reiterates Buy on Texas Instruments with $360 price target • Firm expects Sept quarter revenue/EPS roughly in line with consensus • December quarter guidance seen as key test for FY2027 earnings upgrades StoneX reiterated a Buy rating on Texas Instruments (TXN) with a $360 price target. Shares trade at $273.34, which InvestingPro flags as overvalued versus its Fair Value. StoneX projects September-quarter revenue of $5.919 billion and EPS of $2.41, close to Street consensus of $5.921 billion and $2.42. For December, the firm forecasts $5.745 billion in revenue and $2.29 EPS, roughly matching consensus. TXN shares are up 62% year-to-date and trade at a P/E of 41.88. StoneX said the stock needs evidence supporting further FY2027 earnings upgrades, calling December guidance the key test. TXN reports earnings October 21 after market close. Other analysts are also bullish: Rosenblatt raised its target to $350 and Benchmark to $360, both citing broad demand strength, while Cantor Fitzgerald stayed Neutral at $340, citing analog sector headwinds.