BofA raised the firm's price target on Texas Instruments to $370 from $320 and keeps a Buy rating on the shares. The firm says the company's multi-year content gains still seem underappreciated in the shares. The company's core industrial and auto markets "have finally turned the corner," going from headwinds to cyclical tailwinds, the analyst tells investors in a research note. The firm believes the tailwinds are are being augmented by "transformative" growth in the AI data.
