Teradyne shares are trading higher after UBS raised its price target on the stock from $130 to $170.
Portfolio Pulse from Benzinga Newsdesk
Teradyne shares are trading higher after UBS raised its price target on the stock from $130 to $170.
June 18, 2024 | 3:51 pm
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POSITIVE IMPACT
UBS has increased its price target for Teradyne from $130 to $170, leading to a rise in the company's stock price.
The increase in the price target by a major financial institution like UBS is a strong positive signal for investors, indicating confidence in Teradyne's future performance. This has led to an immediate positive reaction in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100