'Our positive stance is based on the belief that TI can continue to outgrow the semi market with its strong position in key segments,' Dhanda wrote in a research report. 'While the consensus belief appears to be that fundamentals have peaked near term, we are more optimistic and think that TI, on a pro forma basis, could earn $1.72 [per share] in 2006 (versus Street estimate of $1.68).' "
Tuesday, November 08, 2005
TI Could Continue To Outgrow Semi Market. - Forbes.com
"Banc of America Securities analyst Sumit Dhanda initiated coverage of Texas Instruments (nyse: TXN - news - people ) at 'buy' with a 12-month price target of $36.
'Our positive stance is based on the belief that TI can continue to outgrow the semi market with its strong position in key segments,' Dhanda wrote in a research report. 'While the consensus belief appears to be that fundamentals have peaked near term, we are more optimistic and think that TI, on a pro forma basis, could earn $1.72 [per share] in 2006 (versus Street estimate of $1.68).' "
'Our positive stance is based on the belief that TI can continue to outgrow the semi market with its strong position in key segments,' Dhanda wrote in a research report. 'While the consensus belief appears to be that fundamentals have peaked near term, we are more optimistic and think that TI, on a pro forma basis, could earn $1.72 [per share] in 2006 (versus Street estimate of $1.68).' "
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