Craig-Hallum Maintains Hold on Teradyne, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Christian Schwab maintains a Hold rating on Teradyne (NASDAQ:TER) and lowers the price target from $124 to $111.
October 25, 2024 | 5:29 pm
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Craig-Hallum has maintained a Hold rating on Teradyne and reduced the price target from $124 to $111, indicating a less optimistic outlook.
The reduction in price target from $124 to $111 by Craig-Hallum suggests a less optimistic view on Teradyne's future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential at the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100