Movement Alert|Teradyne Rises 4.65% in Pre-Market Trading, UBS Raises Target Price to $500 as Semiconductor Equipment Sector Rallies

Market Focus
07/21

On July 21, Teradyne rose 4.65% in pre-market trading, trading at $350.0 USD/share, with turnover of $767,000.

On the news front, UBS raised its price target on Teradyne from $440 to $500 while maintaining a Buy rating, marking the third major investment bank to upgrade its target in recent weeks. Previously, JPMorgan raised its target from $400 to $450 on July 16, and Goldman Sachs lifted its target from $350 to $465 on July 6. Susquehanna had also raised its target to $550 from $415 in late June. The consensus mean price target from FactSet-polled analysts stands at approximately $437.53 with an average Overweight rating.

The semiconductor equipment sector rallied broadly, with Applied Materials up 4.97%, KLA-Tencor up 4.72%, Lam Research up 4.61%, and ASML up 2.68%. Teradyne is scheduled to report second-quarter earnings on July 28 after market close, with consensus EPS expectations at $2.04.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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