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ubs lowers teradyne price target to 155 maintains buy rating
UBS analyst Timothy Arcuri has lowered Teradyne's stock price target from $160 to $155 while maintaining a Buy rating, citing a recent 11.4% decline in shares. Despite challenges in the industrial automation segment, Arcuri views the current price as a buying opportunity, supported by solid financial metrics and long-term growth projections. Meanwhile, Morgan Stanley downgraded Teradyne to Underweight, setting a target of $112, amid concerns over market share and competition.
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