Goldman Sachs Resumes Teradyne (TER) at Neutral
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Price: $418.79 +2.01%
Rating Summary:
18 Buy, 12 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
18 Buy, 12 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs resumes coverage on Teradyne (NYSE: TER) with a Neutral rating and $13 price target.
The firm said while they are positive on the company's new 4G opportunity and are raising 2013E EPS due to LitePoint, they see cyclical risk to the core business. Reduced FY12 EPS estimates are significantly below the Street.
For more ratings news on Teradyne click here and for the rating history of Teradyne click here.
Shares of Teradyne closed at $12.05 yesterday.
The firm said while they are positive on the company's new 4G opportunity and are raising 2013E EPS due to LitePoint, they see cyclical risk to the core business. Reduced FY12 EPS estimates are significantly below the Street.
For more ratings news on Teradyne click here and for the rating history of Teradyne click here.
Shares of Teradyne closed at $12.05 yesterday.
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