Texas Instruments, other chip maker results spark rally

Intel (INTC) PT Lowered to $56 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Intel (NASDAQ: INTC) to $56.00 (from $58.00) while maintaining a Buy rating following the company's December quarter. INTC reported 4Q18 non-GAAP rev/EPS of $18.7B/ $1.28 (with consensus of $19.0B/$1.22). INTC guided the MarQ to... More

Texas Instruments (TXN) PT Lowered to $103 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Texas Instruments (NASDAQ: TXN) to $103.00 (from $105.00) while maintaining a Neutral rating.

The analyst commented, "TXN reported inline DecQ with Autos, Industrial declining q/q, but up single digit... More

Lam Research (LRCX) PT Lowered to $185 at Cowen

Cowen analyst Krish Sankar lowered the price target on Lam Research (NASDAQ: LRCX) to $185.00 (from $210.00) while maintaining a Outperform rating.

Sankar commented, "LRCX's Mar Q outlook was much better than feared but the front half loaded WFE commentary and the implied... More

Lam Research (LRCX) PT Lowered to $160 at Mizuho Securities Following December Quarter Results

Mizuho Securities analyst Vijay Rakesh lowered the price target on Lam Research (NASDAQ: LRCX) to $160.00 (from $165.00) while maintaining a Neutral rating following december quarter results. LRCX reported a better DecQ and guided to inline MarQ at $2.4B/$3.40 (cons $2.46B/$3.36) - much better than concerned... More

Texas Instruments (TXN) PT Lowered to $105 at RBC Capital

RBC Capital analyst Amit Daryanani lowered the price target on Texas Instruments (NASDAQ: TXN) to $105.00 (from $120.00) while maintaining a Outperform rating.

Lam Research (LRCX) PT Lowered to $160 at RBC Capital

RBC Capital analyst Mitch Steves lowered the price target on Lam Research (NASDAQ: LRCX) to $160.00 (from $170.00) while maintaining a Sector Perform rating.