Goldman Sachs Maintains Neutral on Teradyne, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Toshiya Hari has maintained a Neutral rating on Teradyne (NASDAQ:TER) and raised the price target from $107 to $118.
April 26, 2024 | 4:09 pm
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Goldman Sachs maintains a Neutral rating on Teradyne, raising the price target to $118.
The increase in price target by Goldman Sachs suggests a positive outlook on Teradyne's future performance, potentially leading to increased investor confidence and a short-term positive impact on TER's stock price. The Neutral rating indicates that the stock is adequately valued at its current price, but the raised target suggests room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100