Market Overview

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

Share:
Related TXN
20 Apple Suppliers To Watch Following iPhone 8 News
Sizing Up Semiconductor ETFs For 2018
Stocks Showing Market Leadership: Cree Earns 92 RS Rating (Investor's Business Daily)

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
Oct 2017BarclaysMaintainsEqual-Weight
Sep 2017BMO CapitalMaintainsOutperform
Jul 2017Morgan StanleyMaintainsOverweight

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)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...