TER Stock: $150 Target (Up From $125) By Credit Suisse

By Amit Chowdhry ● May 4, 2021
  • The shares of Teradyne, Inc. (NASDAQ: TER) have received a price target increase from $125 to $150 by Credit Suisse. These are the details.

The shares of Teradyne, Inc. (NASDAQ: TER) have received a price target increase from $125 to $150 by Credit Suisse. And Credit Suisse analyst John Pitzer is maintaining a “Neutral” rating on the company shares.

Pitzer pointed out that Teradyne’s first quarter and guided second quarter were well above the estimates, inclusive of its first-ever $1 billion revenue quarter in Q2. This figure underscores the continued structural increase in chip complexity along with corresponding test times.

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