TI reports 2Q17 financial results and shareholder returns
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Texas Instruments (TXN) PT Raised to $85 at Cowen Following 2Q Beat
July 26, 2017 7:44 AM EDTCowen raised its price target on Texas Instruments (NASDAQ: TXN) to $85.00 (from $82.00) while maintaining a Market Perform rating following the company's 2Q. Non-GAAP EPS came in at $1.02, toward the high-end of guide and ~$0.06 above Street. The company exceeded revenue expectations by ~$70MM.
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