Thursday Analysts’ Recommendations
Berkshire Hathaway Inc. (BRKb). Barclays raises price target to $105 from $103 as the brokerage house expects the company to generate good earnings growth from the Burlington Northern railroad and the Manufacturing, Service, & Retail units.
LSI Corp. (LSI). Barclays cuts to equal weight from overweight with a price target of $7 from $10 citing declines in HDD industry and continuing pressure from smartphones in favor of mobile devices.
Texas Instruments Inc. (TXN). Barclays raises price target to $30 from $29, says it expects Semis to outperform the broader market into first half of 2013 led by first quarter fundamental trough.
Travelers Companies Inc. (TRV). Barclays raises price target to $85 from $84 citing attractive valuation given the company’s strong balance sheet, solid return on equity and share buyback programs
Tags: BRK.B, LSI, TRV, TXN