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Citi Retierates Buy on Texas Instruments, Reduces PT to $40
Thursday, June 9, 2011 - 8:12am | 127Read More...Citi reiterated its Buy rating on Texas Instruments (NYSE: TXN). At the same time, Citi reduced its price target on the company's stock from $42 to $40. In a research report published today, Citi states, "In general, we view TI's mid-quarter as a non-event, leaving our non-Nokia views unchanged...
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J.P. Morgan Reiterates Overweight on Texas Instruments
Thursday, June 9, 2011 - 7:30am | 120Read More...J.P. Morgan is out with its report today on Texas Instruments (NYSE: TXN), reiterating Overweight. In a note to clients, J.P. Morgan writes, "We are maintaining our December 2011 price target of $44.00, or 15.4X C12E EPS, slightly above the mid point of its historic range, and slightly above the S...
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Citigroup Lowers PT On Texas Instruments To $40
Thursday, June 9, 2011 - 6:51am | 26Read More...Citigroup has lowered the price target on Texas Instruments (NYSE: TXN) from $42 to $40 and maintains its Buy rating.
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Earnings Preview for National Semiconductor
Wednesday, June 8, 2011 - 9:06am | 280Read More...National Semiconductor (NYSE: NSM) will be reporting its fourth-quarter fiscal 2011 results tomorrow, June 9, after the closing bell. Analysts are looking for the tech company to post earnings of $0.27 per share on revenues of $365.1 million. That is down from $0.33 per share and $398.5 million in...
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Auriga Solutions Abandons Coverage of Tech Companies
Wednesday, May 18, 2011 - 7:20am | 125Read More...In reports released yesterday, Auriga Solutions announced that it is discontinuing coverage of the following companies: Integrated Silicon Solution (NASDAQ: ISSI), Intel (NASDAQ: INTC), Linear Technology (NASDAQ: LLTC), SanDisk (NASDAQ: SNDK), Texas Instruments (NYSE: TXN), Spansion (NYSE: CODE),...
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UPDATE: Citi Color on Texas Instruments PT Increase
Tuesday, May 17, 2011 - 7:18am | 146Read More...Citi, which raised its PT on shares of Texas Instruments Inc. (NYSE: TXN), is providing some color on the stock. “TI's offering is inline with prior guidance for debt issuance in the range of $3B - 4B,” Citi writes. “We view consensus as having anticipated series of notes with longer maturities (...
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Deutsche Bank Maintains Hold on Texas Instruments
Friday, May 13, 2011 - 7:48am | 88Read More...Deutsche Bank continues to view Texas Instruments Inc. (NYSE: TXN) “as a superb operator and see its 2Q guidance as being conservative.” “However, we believe the shares will be range bound until the market gains better visibility into TXN's expectation for a 2H snapback (Japan-driven) and we get...
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FBR Capital Maintains OP Rating, $40 PT On TXN
Tuesday, April 19, 2011 - 9:28am | 89Read More...FBR Capital is maintaining its Outperform rating and $40 PT on shares of Texas Instruments Inc. (NYSE: TXN). “Texas Instruments reported 1Q11 financial results largely as expected, with inline revenues of $3.4B (–4% QOQ, +6% YOY), and with some gross margin (100 bps) and EPS ($0.02) impacts from...
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Oppenheimer Reports Muted 2Q for Texas Instruments
Tuesday, April 19, 2011 - 8:09am | 144Read More...According to Oppenheimer, Texas Instruments (NYSE: TXN) saw a muted 2Q ahead of the 2H ramp. Oppenheimer reported that Analog bellwether TI reported 1Q EPS of $0.55 on sales of $3.4B vs. Street estimates of $0.58 and $3.4B. “EPS was negatively impacted by costs related to the Japanese earthquake...
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J.P. Morgan Reiterates Overweight on Texas Instruments (TXN)
Tuesday, April 19, 2011 - 7:49am | 95Read More...J.P. Morgan is out with its report today on Texas Instruments (NYSE: TXN), reiterating Overweight. In a note to clients, J.P. Morgan writes, "We are reiterating our Overweight rating on TXN due to upside to Consensus estimates. We are maintaining our December 2011 price target of $44.00, or 14.5X...
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UPDATE: Citi Raises PT on Texas Instruments to $42 (TXN)
Tuesday, April 5, 2011 - 7:38am | 113Read More...Citi is out with its report today on Texas Instruments (NYSE: TXN), raising its PT from $39 to $42. In a note to clients, Citi writes, "We rate the shares of Texas Instruments Buy/Medium Risk (1M). We view TI as a secular share gainer in Analog. With its recent low-cost 200mm/300mm capacity...
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Deutsche Bank Announces TXN Repairs Completed In Japan
Wednesday, March 30, 2011 - 7:37am | 100Read More...Deutsche Bank has issued a report that Texas Instruments (NYSE: TXN) has repaired the two sites in Japan affected by the earthquake. According to Deutsche Bank, "Production at Miho is expected to resume in mid-April with full production expected by mid-July. Initial production has already started...
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J.P. Morgan Announces Significant Damages To Texas Instruments (TXN)
Tuesday, March 15, 2011 - 7:49am | 121Read More...J.P. Morgan reports that Texas Instruments (NYSE: TXN) has announced significant damages from the earthquake in Japan. According to the report, "Texas Instruments stated its manufacturing site in Miho, Japan suffered substantial damage during last week's earthquake which has caused a production...
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TXN Revised Guidance Above Gabelli & Company Expectations
Wednesday, March 9, 2011 - 11:01am | 157Read More...Texas Instruments Inc.'s (NYSE: TXN) revised guidance is “above our expectation,” Gabelli & Company reports, “as we had expected sales to be closer to the historical sequential decline in the first quarter (5% decline), generally the weakest quarter.” “Overall, the mid-quarter revised guidance...
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FBR Capital Maintains Outperform on Texas Instruments (TXN)
Wednesday, March 9, 2011 - 10:43am | 108Read More...FBR Capital is out with its report today on Texas Instruments (NYSE: TXN), maintaining Outperform. In a note to clients, FBR Capital writes, "We rate TXN an Outperform with a $40 price target. We are constructive on TXN given the firm is building barriers and competitive advantages with its...

