Evercore ISI Group Initiates Coverage On Teradyne with Outperform Rating, Announces Price Target of $130
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has initiated coverage on Teradyne (NASDAQ:TER) with an Outperform rating and set a price target of $130.

April 16, 2024 | 9:47 am
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Evercore ISI Group initiated coverage on Teradyne with an Outperform rating and a price target of $130, indicating a positive outlook.
The initiation of coverage by a reputable analyst firm like Evercore ISI Group with an Outperform rating and a high price target suggests a strong bullish sentiment towards Teradyne. This can lead to increased investor interest and potentially drive the stock price up in the short term, as market participants often react positively to such analyst actions.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100