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Texas Instruments Incorporated (NASDAQ:TXN) is included among the 10 Best May Dividend Stocks to Buy.

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On April 23, Wolfe Research raised its price recommendation on Texas Instruments Incorporated (NASDAQ:TXN) to $315 from $260. It reiterated an Outperform rating on the shares. The move followed what the analyst described as “strong” Q1 results and Q2 guidance, supported by growth in industrial and data center markets. The analyst also noted that management “was more bullish on pricing than we’ve heard in the past.”

On the same day, Truist Financial raised its price target on TXN to $278 from $225 and maintained a Hold rating. The analyst said the company delivered an excellent Q1 and solid Q2 guidance, with demand expanding beyond AI and data centers into industrial markets. The firm added that trends could improve further for suppliers with greater leverage or those whose margins have not yet recovered.

Texas Instruments Incorporated (NASDAQ:TXN) is a global semiconductor company that designs, manufactures, tests, and sells analog and embedded processing chips. Its products serve a range of markets, including industrial, automotive, personal electronics, communications equipment, and enterprise systems.

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