Morgan Stanley Reduces Texas Instruments Incorporated (TXN)'s Price Target

 Texas Instruments Incorporated (NASDAQ:TXN) is among the 11 Best Semiconductor Stocks with Huge Upside Potential. Morgan Stanley reduced its price target for Texas Instruments Incorporated (NASDAQ:TXN) to $192 from $197 on September 12, maintaining an Underweight rating. The firm stated that the June quarter was “good overall” for analog semiconductor companies, but September-quarter outlooks “set a high bar” and outcomes “underwhelmed,” causing global analog equities to fall an average of 5% on earnings day.

The note pointed to a flat recovery slope at the end of the quarter, with more positive projections for the first half of 2026 and the December quarter. According to the analyst, restocking could result from historically low customer inventories, closing the present undershipping gap, and “offering potential upside to numbers.” Investors may need to wait for more definitive indications of continuous growth before sentiment toward Texas Instruments Incorporated (NASDAQ:TXN) and the larger analog semiconductor industry improves. Morgan Stanley’s cautious approach reflects short-term demand hurdles despite long-term prospects. It is one of the Stocks with Biggest Upside.

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