Market Overview

UPDATE: Canaccord Genuity Reduces PT to $25 on Texas Instruments

Related TXN
Make Huge Profits with This Top Ranked Semiconductor ETF - ETF News And Commentary
How Texas Instruments (TXN) Stock Stands Out in a Strong Industry - Tale of the Tape
Want to be a Great Leader? You Need to Fail First (Fox Business)

Canaccord Genuity reiterated its Hold rating on Texas Instruments (NASDAQ: TXN) and lowered its price target from $28 to $25.

Canaccord Genuity said, "We remain HOLD rated on TXN and lower our estimates and price target following the company's guidance below consensus. We believe the analog vertical market will remain price competitive and track below seasonal demand, likely requiring further reductions to our estimates."

Texas Instruments closed at $27.79 on Monday.

Latest Ratings for TXN

DateFirmActionFromTo
Jul 2014Tigress FinancialUpgradesUnderperformNeutral
Jul 2014Credit SuisseMaintainsNeutral
Jul 2014Deutsche BankMaintainsHold

View More Analyst Ratings for TXN
View the Latest Analyst Ratings

Posted-In: Canaccord GenuityAnalyst Color Price Target Intraday Update Analyst Ratings

 

Related Articles (TXN)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters