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Jefferies Starts Texas Instruments (TXN) at Buy

July 19, 2011 7:30 AM EDT
Get Alerts TXN Hot Sheet
Price: $28.56 -2.82%

Rating Summary:
    16 Buy, 8 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on Texas Instruments (NYSE: TXN) with a Buy rating and $38 price target.

The firm cited: "1) NSM acquisition accelerates share gains, 2) Gross margin expansion."

For more ratings news on Texas Instruments click here and for the rating history of Texas Instruments click here.

Shares of Texas Instruments closed at $30.48 yesterday.


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