Texas Instruments has been upgraded to overweight from neutral by JP Morgan.It has a new price target of 47.00.The upgrade stems from the impending end to the semiconductor inventory correction.
RW Baird has raised Intel from neutral to outperform.The price target has been raised from 25.00 to 27.00.The upgrade is because of continued rebounds in demand for Intel's products.Wells Fargo seconds this view of Intel.
Meanwhile,outside the semi space,Google continues to look for acquisitions.These are to be small,innovative firms along the lines of last year's purchases.
Texas Instruments(TXN),Intel Corporation(INTC),Google(GOOG)
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