Citigroup Maintains Buy on Teradyne, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Buy rating on Teradyne (NASDAQ:TER) but lowers the price target from $185 to $162.
July 26, 2024 | 9:16 pm
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Citigroup analyst Atif Malik maintains a Buy rating on Teradyne but lowers the price target from $185 to $162.
The Buy rating suggests continued confidence in Teradyne's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100