Teradyne (TER) Tops Q3 EPS by 2c; Issues Q4 Outlook

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Pacific Crest Downgrades Teradyne (TER) to Sector Weight

October 29, 2015 7:17 AM EDT

Pacific Crest downgraded Teradyne (NYSE: TER) from Overweight to Sector Weight.

Analyst Weston Twigg said, "With semiconductor test demand not as bad as feared, TER shares rose 9% today and reached our near-term fair value estimate of $20 (15x 2016 EPS). We are lowering estimates... More