(TXN) With Shares Trading down at $96.73 TI COO Brian Crutcher to speak at Credit…

Advertisement

Texas Instruments (NASDAQ:TXN):

TI COO Brian Crutcher to speak at Credit Suisse investor conference.

The company is so far trading down since yesterday’s close of 97.03.

Texas Instruments Incorporated, launched on December 23, 1938, designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries..

Texas Instruments currently has a P/E ratio of 22.03 and the market cap of the company is 95.33B. In the last earnings report the EPS was $4.39 with 985.56M shares outstanding.

Investors are more bullish on shares of Texas Instruments lately as indicated by the change in short interest. The firm realized a fall in short interest of -1.75% between September 29, 2017 and October 13, 2017. Short interest fell 208,808 over that timeframe. The short-interest ratio increased to 4.0 and the short interest percentage is 0.01% as of October 13.

Several Wall Street analysts have released opinions on TXN recently. October 25 investment analysts at Loop Capital left the company rating at “Hold” projecting a price of $102.00. Equity analyst Bank of America Corporation raised the price target on October 25 boosting the projection from $100.00 to $115.00 and issued a “Buy” rating.

On October 25 Oppenheimer Holdings kept the company rating at “Buy” targeting a price of $110.00. Deutsche Bank AG raised the price target on October 25 changing the price objective from $80.00 to $92.00 with a “Hold” recommendation.

On October 25 B. Riley maintained a stock rating of “Hold” with a current price target of $97.00. Equity analyst Robert W. Baird raised the price target of the stock on October 25 changing the forecast from $85.00 to $100.00 and issued a “Neutral” recommendation.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.