Cantor Fitzgerald Reiterates Neutral on Teradyne, Maintains $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst C J Muse reiterated a Neutral rating on Teradyne (NASDAQ:TER) and maintained a $110 price target.
April 25, 2024 | 2:14 pm
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Cantor Fitzgerald reaffirmed a Neutral rating on Teradyne with a $110 price target.
The reiteration of a Neutral rating and maintenance of the $110 price target by Cantor Fitzgerald suggests that the analyst sees Teradyne's stock performance aligning closely with market expectations. This outlook indicates a stable view on the company's valuation and future prospects, without significant short-term upside or downside risks. Therefore, the impact on the stock price is likely to be neutral in the short term, as the market has likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90