Texas Instruments up after Bernstein upgrades

Shares of chipmaker Texas Instruments TXN.O up 1.7% at $193.88

Bernstein raises TXN's PT to $180 from $140; upgrades to "market-perform" from "underperform"

TXN had lost share in both analog and embedded processing; however, share appears to have stabilized over the last few quarters and into Q1, even ticked up a bit - Bernstein

TXN's capital expenditure should begin to decline next year as it reaches the end of its investment surge - Bernstein

TXN will start to mechanically free up cash flow to return and begin to lessen the free cash flow headwind that has weighed on things for the last several years - brokerage

Stock up 1.7% YTD, as of last close