Teledyne Technologies (TDY) Tops Q2 EPS by 42c; Raises Outlook
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Teledyne (TDY) PT Raised to $157 at Needham & Company; Reiterates Buy
August 3, 2017 4:21 PM EDTNeedham & Company raised its price target on Teledyne (NYSE: TDY) to $157.00 (from $148.00) while maintaining a Buy rating following the company's 2Q earnings report. Revenues increased 24% y/o/y to $671.1M, above consensus $636M. Adjusted EPS totaled $1.74, handily beating guidance of $1.27-$1.32 and consensus of $1.28.... More
