Robert W. Baird Sticks to Its Hold Rating for Texas Instruments (TXN)


Robert W. Baird analyst Tristan Gerra maintained a Hold rating on Texas Instruments (TXN) today and set a price target of $97. The company’s shares opened today at $102.21.

According to TipRanks.com, Gerra is a 5-star analyst with an average return of 16.5% and a 59.2% success rate. Gerra covers the Consumer Goods sector, focusing on stocks such as Stmicroelectronics NV, Himax Technologies, and Skyworks Solutions.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Instruments with a $107.69 average price target, implying a 5.4% upside from current levels. In a report issued on January 24, Stifel Nicolaus also maintained a Hold rating on the stock with a $95 price target.

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Texas Instruments’ market cap is currently $96.22B and has a P/E ratio of 18.18. The company has a Price to Book ratio of 10.70.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Texas Instruments Inc. engages in the design and manufacture semiconductor solutions for analog and digital embedded and application processing. It operates through the following business segments: Analog & Embedded Processing.

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