Skip to main content

Analysts Offer Insights on Technology Companies: Texas Instruments (TXN) and CDW (CDW)

Tipranks - Fri Feb 6, 8:34AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Texas Instruments (TXNResearch Report) and CDW (CDWResearch Report) with bullish sentiments.

Claim 50% Off TipRanks Premium

Texas Instruments (TXN)

Evercore ISI analyst Mark Lipacis maintained a Buy rating on Texas Instruments today and set a price target of $270.00. The company’s shares closed last Wednesday at $222.92.

According to TipRanks.com, Lipacis is a top 100 analyst with an average return of 29.0% and a 68.5% success rate. Lipacis covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and ARM Holdings PLC ADR. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Instruments with a $220.48 average price target, implying a -0.7% downside from current levels. In a report issued on January 28, TipRanks – Google also upgraded the stock to Buy with a $222.00 price target.

See the top stocks recommended by analysts >>

CDW (CDW)

In a report released today, Maggie Nolan from William Blair maintained a Buy rating on CDW. The company’s shares closed last Wednesday at $138.08.

According to TipRanks.com, Nolan is a 2-star analyst with an average return of 0.3% and a 53.5% success rate. Nolan covers the Technology sector, focusing on stocks such as Exlservice Holdings, TTEC Holdings, and Epam Systems. ;'>

CDW has an analyst consensus of Moderate Buy, with a price target consensus of $161.63, which is a 21.1% upside from current levels. In a report released today, UBS also maintained a Buy rating on the stock with a $162.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.