UPDATE: FBR Capital Markets Upgrades Texas Instruments, Raises PT Following In-Line 3Q13 Results, Disappointing 4Q13 Guidance
October 22, 2013 at 08:27 AM EDT
In a report published Tuesday, FBR Capital Markets analyst Christopher Rolland upgraded the rating on Texas Instruments (NASDAQ: TXN ) from Underperform to Market Perform, and raised the price target from $36.00 to $38.00. In the report, FBR Capital Markets noted, “On Monday evening, October 21, Texas Instruments (TXN) reported