Teradyne price target lowered to $145 from $158 at JPMorgan

JPMorgan lowered the firm’s price target on Teradyne (TER) to $145 from $158 and keeps an Overweight rating on the shares post the Q4 report. The firm finds the company’s assumptions for robotics growth in 2025, as well as out to 2028, as “too aggressive,” particularly following “another large miss to expectations.” However, the firm expects strength in the semi test market do drive share upside.