Texas Instruments: Remains A 'Hold' After Its Q2 Earnings
Summary
I maintain my 'hold' rating on Texas Instruments. Q2 earnings were solid, with revenue and EPS both up 16% and at the hi...
I maintain my 'hold' rating on Texas Instruments. Q2 earnings were solid, with revenue and EPS both up 16% and at the high end of guidance, plus strong cash returns to shareholders. Despite strong Q2 results, the stock dropped 12% due to a flat EPS outlook for Q3, surprising analysts.
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