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Texas Instruments Inc. Message Board

  • nusaiba nusaiba Jun 11, 2013 1:54 PM Flag

    TXN just got upgraded to Outperform by WBS

    Wedbush’s Betsy Van Hees, reiterating an Outperform rating on the shares, and a $37 price target, writes that “TI’s commentary is largely in line with our industry checks, indicating the semi cycle is recovering at a modest pace.”

    As for the stock, Van Hees writes, “While we were expecting TI to narrow guidance to higher end of the range, we think keeping the midpoint intact was prudent, likely giving TI breathing room to beat Street estimates

57.55+0.28(+0.49%)Nov 27 1:00 PMEST