On August 24, Teradyne declined 5.07% in regular trading, trading at $358.935/share, with turnover of $58.47 million.

On the news front, Baird previously downgraded Teradyne from Outperform to Neutral while maintaining a $420 price target, continuing to weigh on market sentiment. Notably, Baird had already lowered its price target from $446 to $420 on July 30. Since mid-August, surging long-term Treasury yields have triggered broad-based selling across the semiconductor sector, with Teradyne accumulating significant losses. The downgrade further intensified market debate over near-term valuation recovery potential. The FactSet analyst consensus maintains an Overweight rating with a mean price target of $455.92.

Within the Semiconductor Equipment sector, peers declined in tandem: Applied Materials fell 1.34%, KLA Corporation dropped 2.09%, Lam Research slid 3.27%, and AXT Inc plunged 9.80%, reflecting persistent sector-wide pressure.

(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.)