Texas Instruments (TXN) Tops Q1 EPS by 3c; Issues Q2 Outlook

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Texas Instruments (TXN) Not Expensive When Looking at Net Capital Return and FCF - Jefferies

April 24, 2014 1:13 PM EDT

Shares of Texas Instruments (NASDAQ: TXN) are up 5% amid better-than-expected Q1 results after the close. Jefferies analyst Mark Lipacis see shares headed higher still and raised his price target from $52 to $55, accordingly.

Lipacis commented, "Bears argue TXN is expensive... More