TXN - Si avvicina il momento della verità per Texas Instruments

[asqueldaz]

10.26.10, 09:16 AM EDT


NEW YORK -- Analysts were generally upbeat about Texas Instruments Inc.'s third-quarter results, even as the company expressed some caution heading into next year due to ongoing weakness in consumer demand for products that use its chips.

The chip maker posted a 60 percent jump in its net income on Monday as post-recession demand boosted sales, but the company said consumer demand cooled during the quarter and remains tepid in the current period. This outlook echoes that of other chip makers, including Intel Corp. ( INTC), which also expects sales to moderate in the fourth quarter.


FBR analyst Craig Berger called the quarter's results and guidance "robust," and said they confirm his view that the chip industry is experiencing a "soft landing" as shipments align with lower consumption rates.

"Stepping back, we remain constructive on TXN since it is building barriers and competitive advantages with its leading analog market share.unmatched manufacturing and product development scale, large sales force, and portfolio cross-selling capabilities," Berger wrote in a note to investors. He kept an "Outperform" rating on the company's shares.

Jefferies analyst Adam Benjamin raised his target price on TI to $35 from $29, saying he thinks the stock is undervalued and the company is in a good position to use its "significant" fab, or factory capacity, to gain more market share in the analog and embedded chip markets.

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Ahead of the Bell: Texas Instruments - Forbes.com

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[asqueldaz]

on Apr 24th, 2012

FBR Capital (NASDAQ: FBCM) boosted their price target on shares of Texas Instruments (NYSE: TXN) from $28.00 to $30.00 in a research note issued on Tuesday. The firm currently has a “market perform” rating on the stock.
The analysts wrote, “Texas Instruments (TI) reported largely in-line 1Q12 financial results, guided 2Q12 revenues slightly better than the Street, and guided 2Q12 EPS in line with the Street. Likely to get investors’ attention is that inventory days grew by 21 to 108 days, likely “borrowing” from future fab utilizations and gross margin leverage upside. Further, wireless connectivity and OMAP sales fell meaningfully (““35% QOQ) to levels below those achieved in 1Q11 and even 1Q10, prompting many investor questions about the viability of this business.”
Several other analysts have also recently commented on the stock. Analysts at UBS AG (NYSE: UBS) downgraded shares of Texas Instruments from a “buy” rating to a “neutral” rating in a research note to investors on Monday, April 2nd. They now have a $35.00 price target on the stock, down previously from $37.00. Separately, analysts at Avian initiated coverage on shares of Texas Instruments in a research note to investors on Monday, March 12nd. They set a “positive” rating and a $42.00 price target on the stock.
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» FBR Capital Raises Price Target on Texas Instruments (TXN) - Zolmax

 

[ciak47]

ho visto che il titolo, da qualche tempo sta salendo, ci sono notizie?
Grazie