Teradyne Reports 6% Revenue Growth Year on Year in First Quarter 2017; Expects Sequential Revenue and Earnings per Share Growth in Second Quarter

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Teradyne (TER) PT Raised to $41 at Cowen

April 27, 2017 3:53 PM EDT

Cowen raised its price target on Teradyne (NYSE: TER) to $41.00 (from $34.00) while maintaining a Outperform rating.

Analyst Timothy Arcuri sees AAPL-related revs likely strong again in '18 given pending technology migration. In addition, TER owns auto/industrial semi test and this is... More