Texas Instruments Incorporated (TXN): Price Target and June Short Interest Disclosure

Texas Instruments Incorporated (TXN) : 22 investment research analysts covering Texas Instruments Incorporated (TXN) have an average price target of $61.07 for the near short term. The highest target price given by the Brokerage Firm to the stock is $71 and the lowest target is $40 for the short term. Analysts expect the variance to be within $6.53 of the average price.

The short interest in Texas Instruments Incorporated (TXN) has increased from 26,803,246 on June 15,2016 to 27,463,874 on June 30,2016. The change was measured at 660,628 shares or 2.5%. The leftover shorts were 2.7% of the floated shares. The days to cover are 5, given the average daily volume of 5,432,241 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, In a research note released to the investors, B. Riley maintains its rating on Texas Instruments Incorporated (NASDAQ:TXN).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, B. Riley raises the new price target from $55 per share to $56.5 per share. The rating by the firm was issued on April 28, 2016.


Texas Instruments Incorporated (NASDAQ:TXN): stock turned positive on Thursday. Though the stock opened at $65, the bulls momentum made the stock top out at $65.22 level for the day. The stock recorded a low of $64.73 and closed the trading day at $64.81, in the green by 0.42%. The total traded volume for the day was 4,000,223. The stock had closed at $64.54 in the previous days trading.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. The Companys Analog segment includes the following product lines: High Volume Analog & Logic, Power Management, High Performance Analog and Silicon Valley Analog. The Companys Embedded Processing segment includes the following product lines: Processor, Microcontrollers and Connectivity. The Company is also engaged in smaller product lines, such as DLP products, certain custom semiconductors known as application-specific integrated circuits, calculators, baseband products, and applications processors and connectivity products. The revenues from these smaller businesses are included under the Other segment. The Company has design, manufacturing or sales operations in 35 countries.

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