Short Term Rating on Teradyne (TER)

Teradyne (TER) : 8 analysts are covering Teradyne (TER) and their average rating on the stock is 1.63, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Teradyne (TER) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Teradyne (TER) stock is expected to deviate a maximum of $1.07 from the average target price of $22.86 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $25 and the most muted being $22.

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


Teradyne (NYSE:TER): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.71 and $20.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.88, notching a gain of 1.70% for the day. The total traded volume was 1,672,819 . The stock had closed at $20.53 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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