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A number of firms have modified their ratings and price targets on shares of Texas Instruments (NYSE: TXN) recently:

  • Texas Instruments had its price target raised by analysts at Barclays from $40.00 to $43.00.
  • Texas Instruments had its “reduce” rating reaffirmed by analysts at Nomura. They now have a $42.00 price target on the stock.
  • Texas Instruments had its price target raised by analysts at JPMorgan Chase & Co. from $50.00 to $56.00.
  • Texas Instruments had its price target raised by analysts at Credit Suisse from $44.00 to $48.00.
  • Texas Instruments had its price target raised by analysts at RBC Capital from $43.00 to $49.00. They now have a “sector perform” rating on the stock.
  • Texas Instruments ‘s EPS estimates were raised by analysts at Sterne Agee. They now have an “underperform” rating and a $44.00 price target on the stock.
  • Texas Instruments had its price target raised by analysts at Robert W. Baird from $42.00 to $52.00.
  • Texas Instruments had its price target raised by analysts at Deutsche Bank from $36.00 to $43.00. They now have a “hold” rating on the stock.
  • Texas Instruments had its price target raised by analysts at Jefferies Group from $52.00 to $55.00.
  • Texas Instruments had its price target raised by analysts at MKM Partners from $45.00 to $52.00. They now have a “neutral” rating on the stock.
  • Texas Instruments had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $49.00 price target on the stock. Zacks‘ analyst wrote, “TI is one of the largest suppliers of analog integrated circuits. First-quarter earnings were above the Zacks Consensus Estimate. Management also provided an encouraging forward guidance. It appears that TI saw some demand strength, with the higher mix of analog and embedded processing products contributing to profits. The company’s compelling product line, market share gains, strategic refocus on high-growth areas of the analog and embedded processing markets and margin gains are positives. However, we recognize that the channel is more conservative than it has been before and remain concerned about the risks associated with a high debt level. We therefore reiterate our Neutral rating on the shares.”
  • Texas Instruments was upgraded by analysts at Charter Equity from a “market perform” rating to a “buy” rating.
  • Texas Instruments had its price target raised by analysts at B. Riley to $56.00.
  • Texas Instruments had its price target raised by analysts at FBR Capital Markets from $40.00 to $45.00. They now have a “market perform” rating on the stock.
  • Texas Instruments had its “buy” rating reaffirmed by analysts at Citigroup Inc.. They now have a $53.00 price target on the stock.

Texas Instruments Incorporated (NYSE:TXN) traded down 0.48% on Thursday, hitting $45.23. The stock had a trading volume of 9,211,403 shares. Texas Instruments Incorporated has a 52 week low of $34.10 and a 52 week high of $49.77. The stock has a 50-day moving average of $46.24 and a 200-day moving average of $43.68. The company has a market cap of $49.039 billion and a P/E ratio of 23.80.

Texas Instruments Inc (NYSE:TXN) designs and makes semiconductors that the Company sells to electronics designers and manufacturers all over the world.

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