Information Provided By: 
Fly News Breaks for October 23, 2019
TXN
Oct 23, 2019 | 08:12 EDT
Jefferies analyst Mark Lipacis lowered his price target for Texas Instruments to $150 from $170 saying that while the reduced Q4 outlook surprised him, historical trend and inventory analyses "tell us the weakness should be bought." The last two times Texas Instruments sales spiked materially below the trendline were in 2009 and 2016, and 12 months later the shares outperformed the S&P 500 Index index by 27% and 37%, Lipacis tells investors in a research note. He keeps a Buy rating on the stock.
News For TXN From the Last 2 Days
