Numerous updates have surfaced pertaining to the semiconductor company,
Teradyne (TER). These come ahead of the company slated earnings report, with several analysts predicting the firm to beat estimates. Simultaneously, the company's stock rating has been lowered by
Northland Capmk, contributing to adverse market effects. This verdict appears to stem from high valuation and trade risk concerns. Following this,
Swiss National Bank sold a total of 23,800 shares, coinciding with
QRG Capital Management Inc.'s sale of 26,391 shares. Contrastingly,
Forsta AP Fonden and
Mitsubishi UFJ Asset Management Co. Ltd. increased their respective holdings. Reflecting market instability,
Private Advisor Group LLC also increased its holdings by purchasing 2,345 shares. On the brighter side, the price targets have been raised by several financial institutions, including
Stifel Nicolaus,
Cantor Fitzgerald, and
KeyCorp to as high as $185. Most notably, the company's robust financials have seemingly influenced its solid market performance. Encouragingly, Teradyne has entered a compelling partnership with
NVIDIA to enhance AI capabilities in its robotic offerings, suggesting prospects for future innovation and market growth.
Teradyne TER News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Sat, 20 Jul 2024 08:47:00 GMT -
Rating -1
- Innovation 5
- Information 8
- Rumor 6
