UPDATE: Bank of America Merrill Lynch Reiterates Buy Rating, Raises PT on Texas Instruments
Posted on January 23, 2013 at 10:44 AM EST
In a report published Wednesday, Bank of America Merrill Lynch reiterated its Buy rating on Texas Instruments (NASDAQ: TXN ), and raised its price target from $32.00 to $35.00. BofA Merrill Lynch noted, “We reiterate Buy and raise our price objective (PO) from $32 to $35. TI's results reflect a