Stephens & Co. Initiates National Instruments With Overweight

Stephens & Co. initiated coverage on National Instruments Corp NATI with a Overweight rating. The target price for National Instruments is set to $34. National Instruments shares have gained 5.81 percent over the past 52 weeks, while the S&P 500 index has surged 11.12 percent in the same period. National Instruments' shares rose 0.87 percent to close at $28.97 yesterday.