UPDATE: Drexel Hamilton Initiates Coverage on Texas Instruments on Anticipated Sustained Chip Cycle
October 22, 2013 at 11:20 AM EDT
In a report published Tuesday, Drexel Hamilton analyst Richard Whittington initiated coverage on Texas Instruments (NASDAQ: TXN ) with a Buy rating and $50.00 price target. In the report, Drexel Hamilton noted, “Building upon the last year's LTE and automotive/industrial thrust, the year ahead looks to be driven by cloud