Baird lowered the firm’s price target on Teradyne (TER) to $140 from $150 and keeps an Outperform rating on the shares. The firm lowered its target follwoing mixed Q4 results which showed robotics were softer.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TER:
- Teradyne Earnings Call: Mixed Signals with Growth Prospects
- Teradyne price target lowered at Cantor Fitzgerald, selloff ‘not a surprise’
- Teradyne, Infineon announce power testing partnership
- Teradyne price target lowered to $145 from $158 at JPMorgan
- Teradyne price target lowered to $150 from $180 at KeyBanc