TI's new USB Type-C™ and Power Delivery 3.0 devices improve power and data transfer, signal quality, and circuit protection

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Jefferies Raises Price Target on Texas Instruments (TXN) Following 3Q Report

October 27, 2016 10:30 AM EDT

Jefferies reiterated a Buy rating on Texas Instruments (NASDAQ: TXN), and raised the price target to $82.00 (from $79.00), following the company's 3Q earnings report. Revenues of $3.68B were 550bps above consensus' $3.49B while EPS of $0.95 were 9c above. TXN's 4Q16 outlook for revenues were... More