tiprankstipranks
The Fly

Teradyne upgraded to Overweight from Neutral at JPMorgan

Teradyne upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Samik Chatterjee upgraded Teradyne (TER) to Overweight from Neutral with a price target of $158, up from $145. The firm says improvements in the VIP application-specific integrated circuit total addressable market, memory market, as well as mobility will in aggregate put Teradyne in a much better position to achieve its 2026 targets and potentially hit the higher end of them. The shares have “ample room for upside” if the targets are achievable, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com