Teradyne shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and raised its price target $118 to $161.
Portfolio Pulse from Benzinga Newsdesk
Teradyne shares are trading higher following an upgrade from Goldman Sachs, which raised the stock rating from Neutral to Buy and increased the price target from $118 to $161.
May 20, 2024 | 2:01 pm
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POSITIVE IMPACT
Goldman Sachs upgraded Teradyne from Neutral to Buy and raised its price target from $118 to $161, leading to a rise in the stock price.
The upgrade from a reputable financial institution like Goldman Sachs and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100