Robert W. Baird reiterated their rating on shares of Texas Instruments (NYSE: TXN) in a research note issued to investors on Tuesday. The firm currently has a $28.00 target price on the stock.
Several other analysts have also recently commented on the stock. Analysts at Barclays Capital reiterated a rating on shares of Texas Instruments in a research note to investors on Monday, December 10th. They now have a $29.00 price target on the stock.
Texas Instruments opened at 31.25 on Tuesday. Texas Instruments has a 1-year low of $26.06 and a 1-year high of $34.24. The company has a market cap of $35.025 billion and a price-to-earnings ratio of 20.51.
Texas Instruments last released its earnings data on Monday, October 22nd. The company reported $0.52 earnings per share for the quarter, beating the analysts? consensus estimate of $0.46 by $0.06. The company?s revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts predict that Texas Instruments will post $1.62 earnings per share for the current fiscal year.
Texas Instruments Inc. (TI) designs and makes semiconductors, which it sells to electronics designers and manufacturers globally.
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Source: http://www.jagsreport.com/2012/12/robert-w-baird-reaffirms-rating-on-texas-instruments-txn-2/
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