Texas Instruments Must Jump On M&A Bandwagon: Analyst

By | October 22, 2015

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Texas Instruments (TXN) and Mellanox Technologies (MLNX) topped analysts’ Q3 views late Wednesday and, on Thursday, both semiconductor companies enjoyed price target hikes and increases on Wall Street. And, although Texas Instruments isn’t publicly acquisitive, at least one analyst suggested it might need to jump on the recent semiconductor M&A bandwagon. In afternoon trading Thursday, Texas Instruments stock was up nearly 12%. Mellanox stock was Scalper1 News

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