Oppenheimer Maintains Perform On Texas Instruments Following 3Q14 Results
In a research report issued Tuesday, Oppenheimer analyst Rick Schafer maintained a Perform rating on Texas Instruments (NASDAQ:TXN), following the company’s third-quarter earnings, posting sales/EPS of $3.50B/$0.76 vs. consensus $3.45B/$0.71.
Schafer noted, “We continue to believe in TXN’s core analog share gain and capital allocation story, but await a more attractive entry point.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Rick Schafer has a total average return of 5.3% and a 59.5% success rate. Schafer has a 0.5% average return when recommending TXN, and is ranked #904 out of 3337 analysts.