Craig-Hallum Maintains Buy on Teradyne, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a 'Buy' rating on Teradyne (NASDAQ:TER) but lowers the price target from $131 to $115.
October 27, 2023 | 3:35 pm
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NEUTRAL IMPACT
Teradyne's price target has been lowered from $131 to $115 by Craig-Hallum, though the 'Buy' rating is maintained.
The lowering of the price target could potentially create a negative sentiment among investors, but the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100