KeyBanc analyst Steve Barger maintained a Buy rating on Teradyne (TER – Research Report) today. The company’s shares closed yesterday at $108.91.
Barger covers the Industrials sector, focusing on stocks such as Trinity Industries, Westinghouse Air Brake Technologies, and Ametek. According to TipRanks, Barger has an average return of 13.7% and a 63.93% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teradyne with a $114.62 average price target, representing a 5.24% upside. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $125.00 price target.
The company has a one-year high of $118.79 and a one-year low of $80.88. Currently, Teradyne has an average volume of 1.85M.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TER in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Teradyne (TER) Company Description:
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d’Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.
