Texas Instruments Incorporated (TXN) Receives ‘Analyst’ Rating

Texas Instruments Incorporated (TXN) : Zacks Investment Research ranks Texas Instruments Incorporated (TXN) as 2, which is a Buy recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 14 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 23 research analysts is 2.61, which indicates as a Hold.

Texas Instruments Incorporated (TXN) : 20 investment research analysts covering Texas Instruments Incorporated (TXN) have an average price target of $69.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $82 and the lowest target is $40 for the short term. Analysts expect the variance to be within $9.82 of the average price.


Also, Equity analysts at the Brokerage firm Exane BNP Paribas upgrades its rating on Texas Instruments Incorporated (NASDAQ:TXN). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on August 4, 2016.

Texas Instruments Incorporated (NASDAQ:TXN): After opening at $67.8, the stock dipped to an intraday low of $67.6 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.36 and the buying power remained strong till the end. The stock closed at $69.22 for the day, a gain of 2.11% for the day session. The total traded volume was 6,276,714. The stocks close on the previous trading day was $67.79.

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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