Analyst Rating Update on Teradyne (TER)

Teradyne (NYSE:TER) : Zacks Investment Research ranks Teradyne (NYSE:TER) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.57, which indicates as a Buy.

Teradyne (NYSE:TER) : The consensus price target for Teradyne (NYSE:TER) is $22.83 for the short term with a standard deviation of $1.17. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $25, however, the pessimist price target for the company is $22.

For the current week, the company shares have a recommendation consensus of Buy.

Teradyne (NYSE:TER): stock turned positive on Tuesday. Though the stock opened at $18.49, the bulls momentum made the stock top out at $18.835 level for the day. The stock recorded a low of $18.4332 and closed the trading day at $18.82, in the green by 3.58%. The total traded volume for the day was 1,536,372. The stock had closed at $18.17 in the previous days trading.

In an insider trading activity, Christman Daniel W, director of Teradyne, Inc, unloaded 3,668 shares at an average price of $18.86 on May 11, 2016. The total amount of the transaction was worth $69,178, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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