Northland Capital Markets Reiterates Market Perform Rating on Teradyne (TER)

Northland Capital Markets analyst Gus Richard reiterated a Market Perform rating and $95.00 price target on Teradyne (NASDAQ: TER) after the company reported non-GAAP EPS of $1.11 on $781M versus expectations for $1.05 on $765M. Q2 non-GAAP EPS guidance at the mid-point is $1.73
on $1.05B versus consensus of $1.33 on $877M. Test demand is a concurrent indicator and TER is seeing better than expected demand for CY21.

The analyst stated "Test demand is a concurrent indicator and TER is seeing better than expected demand for CY21 reflected in Q2 guidance."

For an analyst ratings summary and ratings history on Teradyne click here. For more ratings news on Teradyne click here.

Shares of Teradyne closed at $132.40 yesterday.

You May Also Be Interested In

• Northland Upgrades Hyliion Holdings (HYLN) to Outperform 'on Improved Visibility to KARNO Commercialization'
• Jefferies Upgrades Brightstar Lottery (BRSL) to Buy
• Alpha & Omega Semiconductor (AOSL) PT Lowered to $45 at Needham