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TI Falls 7.9% Following Lehman Downgrade

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Texas Instruments

(TXN) - Get Report

, which is set to release earnings after the bell, fell 7.9% in early trading after it was downgraded to neutral from outperform by

Lehman Brothers

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Lehman did not adjust its 2000 or 2001 earnings per share outlook but said the figures "most likely need to be lowered."