BofA/Merrill Lynch Downgrades Texas Instruments (TXN) to Neutral

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Texas Instruments (TXN) Estimates Cut But PT Raised at Jefferies Post Q1

April 23, 2015 6:57 AM EDT

Jefferies analyst Mark Lipacis lowered estimates on Texas Instruments (NASDAQ: TXN) post Q1 but maintained a Buy rating and boosted his price target to $65.00 (from $64.00).

Lipacis commented, "Peak-to-trough we model TXN revenues to decelerate from +8% to -1% YY this cycle, which pales in... More

Texas Instruments (TXN) Misses Q1 EPS by 1c, Q2 Guidance Falls Short

April 22, 2015 4:32 PM EDT

Texas Instruments (NASDAQ: TXN) reported Q1 EPS of $0.61, $0.01 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $3.15 billion versus the consensus estimate of $3.2 billion.

Texas Instruments sees Q2 2015 EPS of $0.60-$0.70, versus the consensus of $0.73. Texas Instruments sees Q2 2015... More