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Teradyne price target lowered to $110 from $140 at Baird

Teradyne price target lowered to $110 from $140 at Baird

Baird lowered the firm’s price target on Teradyne (TER) to $110 from $140 and keeps an Outperform rating on the shares. The firm updated it model following its Investor Day which highlighted string drivers but sees choppier near-term demand.

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