Texas Instruments Inc
TXN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?R | LOCK|&W | LOCK|%zWl^&!^ |
Texas Instruments Earnings: China Automotive Exposure a Pleasant Surprise, but Shares Still Rich
Wide-moat Texas Instruments reported solid third-quarter results but provided investors with a less-than-stellar fourth-quarter forecast, which the company attributes to normal seasonal patterns. We maintain our $175 fair value estimate and view shares as modestly overvalued.
