Teradyne (TER) Receives Price Target

Teradyne (TER) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $24 and the lowest price target forecast is $21. The average forecast of all the analysts is $22.5 and the expected standard deviation is $1.05.

Teradyne (TER) has an average broker rating of 2.13, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.


Also, Brokerage firm UBS maintains its rating on Teradyne (NYSE:TER). As per the latest information, the brokerage house lowers the price target to $23.5 per share from a prior target of $26. The shares have been rated Buy. The rating by the firm was issued on July 29, 2016.

Teradyne (NYSE:TER): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.07 and $20.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.21, notching a gain of 0.71% for the day. The total traded volume was 2,012,372 . The stock had closed at $21.06 on the previous day.

Teradyne, Inc. (Teradyne) is a supplier of automatic test equipment. The Company operates in three segments: Semiconductor Test, Wireless Test and System Test. The Companys automatic test equipment products and services include semiconductor test (Semiconductor Test) systems, wireless test (Wireless Test) systems, and defense/aerospace (Defense/Aerospace) test instrumentation and systems, storage test (Storage Test) systems, and circuit-board test and inspection (Production Board Test) systems (collectively System Test). The Company has a customer base, which includes integrated device manufacturers, outsourced semiconductor assembly and test providers, wafer foundries, fabless companies that design, but contract with others for the manufacture of integrated circuits, developers of wireless devices and consumer electronics, manufacturers of circuit boards, automotive suppliers, wireless product manufacturers, storage device manufacturers, aerospace and military contractors.

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