RBC Capital Markets disclosed Texas Instruments (NASDAQ:TXN), stepping up its price target to $80.00 earlier today
- Updated: September 17, 2016
Only yesterday Texas Instruments (NASDAQ:TXN) traded 0.20% higher at $70.27. TXN’s 50-day moving average is $69.67 and its two hundred day moving average is $61.97. The last stock close is up 11.92% relative to the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same time period. Trade volume was was up over the average, with 6,506,189 shares of TXN changing hands over the typical 5,402,450 shares..
Stating a possible upside of 0.14%, RBC Capital Markets raised the price target of Texas Instruments (NASDAQ:TXN) to $80
In addition to RBC Capital Markets reporting it’s price target, a total of 28 analysts have released a ratings update on Texas Instruments. The average target price is $62.52 with six analysts rating the stock a strong buy, nine firms rating the stock a buy, 19 analysts rating the stock a hold, three analysts rating the stock to underperform, and lastly 0 analysts rating the company as sell.
Texas Instruments has a PE of 23 with a one-year low of $45.33 and a 52 week high of $72.58 and has a market capitalization of $0.0.
Brief Synopsis About Texas Instruments (NASDAQ:TXN)
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. Its Analog segment’s product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA). Its Embedded Processing segment’s product line includes Processor, Microcontrollers and Connectivity. It is also engaged in smaller product lines, such as DLP products (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits (ASICs) and calculators. The Company has design, manufacturing or sales operations in over 30 countries. It also offers baseband products, and OMAP applications processors and connectivity products, and which are sold into smartphones and consumer tablets.
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