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Fly News Breaks for April 2, 2018
TXN
Apr 2, 2018 | 08:22 EDT
After having recently traveled with Texas Instruments management, Stifel analyst Tore Svanberg said he believes the company is tracking well towards its guidance for the March quarter, given relative strength continuing from its Automotive and Industrial markets. The analyst, who also thinks the company's new U.S. tax rate could drive material improvement to its long-term free cash flow generation, keeps a Hold rating and $115 price target on Texas Instruments shares.
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