Craig-Hallum Downgrades Teradyne to Hold, Maintains Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab has downgraded Teradyne (NASDAQ:TER) from Buy to Hold, while maintaining the price target at $124.
July 26, 2024 | 4:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Craig-Hallum has downgraded Teradyne from Buy to Hold, while keeping the price target at $124. This downgrade may indicate a less optimistic outlook for the stock in the short term.
The downgrade from Buy to Hold suggests that the analyst sees limited upside potential for Teradyne's stock in the near term. Maintaining the price target at $124 indicates that the stock is expected to remain stable but not outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100