Texas Instruments Incorporated (TXN) : 20 investment research analysts covering Texas Instruments Incorporated (TXN) have an average price target of $69.3 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 $9.53 of the average price.
Texas Instruments Incorporated (TXN) : 4 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. 15 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 23 Wall Street Analysts endorse the stock as a Hold with a rating of 2.7.
Also, Major Brokerage house, Exane BNP Paribas upgrades its ratings on Texas Instruments Incorporated (NASDAQ:TXN). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on August 4, 2016.
Texas Instruments Incorporated (NASDAQ:TXN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.78 and $68.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.70, notching a gain of 0.23% for the day. The total traded volume was 4,535,987 . The stock had closed at $69.54 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.