Texas Instruments (TXN) Tops Q2 EPS by 3c, Q3 EPS Guidance Tops views

Texas Instruments (TXN) PT Raised to $79 at Jefferies

Jefferies analyst Mark Lipacis reiterated a Buy rating and lifted his price target on Texas Instruments (NASDAQ: TXN) to $79.00 (from $69.00) following strong results after the close.

Lipacis commented, "JunQ revs/EPS $3.27B/$0.76 beat consensus $3.2B/$0.73. SepQ rev outlook is 280bps above... More

UBS Raises price Target on Texas Instruments (TXN) to $76; Reiterates Buy

UBS reiterated a Buy rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $76.00 (from $68.00), following the company's 2Q earnings report. TI guided 3Q16 revenue and EPS to $3.48B and $0.86 compared to the consensus of $3.39B and $0.81.

A UBS analyst commented, "TI beat its... More

Texas Instruments (TXN) PT Raised to $77 at Credit Suisse

Credit Suisse analyst J. Pitzer reiterated a Neutral rating but boosted his price target on Texas Instruments (NASDAQ: TXN) to $77.00 (from $65.00) following solid Q2 results.

Pitzer commented, " TXN Reported C2Q Rev/EPS ABOVE CS/Street and guided C3Q Rev/EPS ABOVE CS/Street - the 2nd consecutive quarter of a clean Beat/Raise. We are increasing our CY16/CY17 GAAP EPS estimates to $3.05/$3.30 from $2.98/$3.26; Street is currently at $2.95/$3.23. C2Q Rev... More

Mizuho Securities Raises Price Target on Texas Instruments (TXN) to $65 Following 2Q

Mizuho Securities reiterated a Neutral rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $65.00 (from $57.00), following the company's 2Q earnings report. TXN reported revenues of $3.3B and EPS of $0.76 ahead of the consensus estimates of $3.2B and $0.72. The September guide was... More

BofA/Merrill Lynch Upgrades Texas Instruments (TXN) to Buy

BofA/Merrill Lynch upgraded Texas Instruments (NASDAQ: TXN) from Neutral to Buy with a price target of $80.00.

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Shares of Texas Instruments closed at $66.22 yesterday.