- Texas Instruments (TXN) is up 3.3% at $310.92 today, fueled by a positive market sentiment and a significant analyst upgrade.
- Citi raised its price target for TXN to $345 from $280, reiterating it as a 'Top Pick' due to anticipated market share growth in data center power.
- The move is also supported by a broad technology sector rally and improved risk appetite following de-escalation in U.S.βIran tensions and lower oil prices.