Goldman Sachs Upgrades Teradyne to Buy, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Teradyne (NASDAQ:TER) from Neutral to Buy and raised the price target from $118 to $161.
May 20, 2024 | 9:11 am
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POSITIVE IMPACT
Goldman Sachs has upgraded Teradyne from Neutral to Buy and increased the price target from $118 to $161, indicating strong confidence in the company's future performance.
The upgrade from a reputable firm like Goldman Sachs and the significant increase in the price target suggest a positive outlook for Teradyne, likely leading to a short-term increase in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100