Teledyne to Acquire e2v
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Jefferies Raises Price Target as Teledyne Technologies (TDY) Agrees to Acquire e2v
December 13, 2016 7:19 AM ESTJefferies reiterated a Hold rating on Teledyne Technologies (NYSE: TDY), and raised the price target to $120.00 (from $105.00), following announced agreement to acquire e2v. Teledyne is offering 275p/share for e2v. This represents a 45% premium to Friday's closing price. Net of cash, the... More
