Texas Instruments (NYSE:TXN) maintained Outperform, price target raised $1 to $34, at FBR. The stock closed yesterday at $24.97 on volume of 10,348,563 shares, below average daily volume of 15,722,595.
Texas Instruments is currently above its 50-day moving average of $24.49 and above its 200-day moving average of $23.61.
SmarTrend is bullish on shares of TXN and our subscribers received an Uptrend alert on February 16, 2010 at $24.50, which has returned 1.9% to date.
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Ticker(s): TXN