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Cowen Cuts the Price Target to $58 on Texas Instruments (TXN) Following 2Q15
July 23, 2015 8:16 AM EDTCowen reiterated a Market Perform rating on Texas Instruments (NASDAQ: TXN), and cut the price target to $58.00 (from $60.00), following its 2Q15 earnings report. TXN reported EPS of $0.65, $0.01 below Street. Analyst Timothy Arcuri said that revenue continues to face headwinds in end markets such as wireless... More
