Baird Maintains Outperform on Teradyne, Lowers Price Target to $133
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Richard Eastman maintains an Outperform rating on Teradyne (NASDAQ:TER) but lowers the price target from $140 to $133.
October 25, 2024 | 12:47 pm
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Baird analyst Richard Eastman continues to rate Teradyne as Outperform, indicating confidence in the company's performance, but has adjusted the price target down from $140 to $133.
The Outperform rating suggests continued positive sentiment towards Teradyne, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
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