Texas Instruments (TXN) Narrows Q2 Outlook
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Texas Instruments (TXN) Surprises Street with Muted Q2 Guidance, May Signal Share Loss
June 11, 2013 11:04 AM EDTGoldman Sachs today maintained a Neutral rating on Texas Instruments (NASDAQ: TXN) with a price target of $36.00. Yesterday Texas Instruments narrowed its Q2 outlook to $2.99 $3.11 billion in revenue compared with the prior range of $2.93 3.17 billion and the Street estimate $3.06 billion. EPS was take to $0.39 0.43 compared with the prior range of $0.37 0.45 and Street's $0.42.
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Texas Instruments (TXN) Still A Buy After Narrowing of Outlook
June 11, 2013 7:26 AM EDTJefferies analyst Mark Lipacis reiterated a Buy rating and $42 price target on Texas Instruments (NASDAQ: TXN) despite a narrowing of its second quarter revenue and EPS outlook for the June quarter around the midpoint after the close.
"While we would've preferred an upward... More
