Analyst Rating Update on Texas Instruments Incorporated (TXN)

Texas Instruments Incorporated (TXN) : 8 brokerage houses believe that Texas Instruments Incorporated (TXN) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 13 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Texas Instruments Incorporated (TXN). Zacks Investment Research suggests a Buy with a rank of 2. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 25 Wall Street Analysts endorse the stock as a Buy with a rating of 2.4.

Texas Instruments Incorporated (TXN) : Currently there are 20 street experts covering Texas Instruments Incorporated (TXN) stock. The most bullish and bearish price target for the stock is $82 and $40 respectively for the short term. The average price target of all the analysts comes to $68.95. The estimated standard deviation from the target is $9.37.

Company shares have received an average consensus rating of Hold for the current week Also, Bernstein maintains its view on Texas Instruments Incorporated (NASDAQ:TXN) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Bernstein raises the price target from $60 per share to $70 per share on Texas Instruments Incorporated. The rating by the firm was issued on July 26, 2016.


Texas Instruments Incorporated (NASDAQ:TXN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.84 and $68.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.88, notching a gain of 0.04% for the day. The total traded volume was 4,231,764 . The stock had closed at $68.85 on the previous day.

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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