TD Cowen lowered the firm’s price target on Teledyne to $480 from $500 and keeps an Outperform rating on the shares. The firm said numbers for 2023 and 2024 likely won’t move much and a clear catalyst is still lacking, but perhaps 2H M&A could be one.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TDY:
- Here’s What Pulled Teledyne (NYSE:TDY) Stock Down Yesterday
- Teledyne sees FY23 non-GAAP EPS $19.00-$19.20, consensus $19.13
- Teledyne sees Q3 non-GAAP EPS $4.70-$4.80, consensus $4.77
- Teledyne reports Q2 non-GAAP EPS $4.67, consensus $4.64
- Teledyne wins $94M IDIQ contract from U.S. Army
Questions or Comments about the article? Write to editor@tipranks.com