These Analysts Revise Their Forecasts On Teradyne Following Q2 Results
Portfolio Pulse from Avi Kapoor
Teradyne, Inc. (NASDAQ:TER) reported better-than-expected Q2 results but issued soft Q3 guidance. Analysts revised their forecasts, with mixed ratings and price target adjustments.
July 26, 2024 | 5:27 pm
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Teradyne reported better-than-expected Q2 earnings and revenue but issued soft Q3 guidance. Analysts revised their forecasts with mixed ratings and price target adjustments.
Teradyne's Q2 results exceeded expectations, which is positive. However, the soft Q3 guidance has led to mixed analyst reactions, with some raising and others lowering their price targets. This creates a neutral short-term outlook for the stock.
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