Kaufman Bros. Reinstates Coverage on Texas Instruments (TXN) at Buy; Benfits From Growth Drivers

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April 4, 2011 5:58 PM EDT
Get Alerts TXN Hot Sheet
Price: $271.59 -4%

Rating Summary:
    24 Buy, 22 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 13 | New: 26
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Kaufman Bros. reinstates coverage on Texas Instruments (NYSE: TXN) with a Buy. PT $40.

Kaufman analyst says, "TI supplies silicon into virtually every segment of the semiconductor industry. Within the context of our three-part framework, we believe that as a broad-based supplier, TI will benefit from the growth drivers for the industry, and is positioned to enjoy higher margins as its own product mix shifts toward high-performance analog from its lower-margin legacy products."

For more ratings news on Texas Instruments click here and for the rating history of Texas Instruments click here.

Shares of Texas Instruments closed at $34.23 yesterday.

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