tiprankstipranks
Teradyne upgraded to Overweight from Neutral at JPMorgan
The Fly

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.

Pick the best stocks and maximize your portfolio:

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App