Teledyne Technologies (TDY) Tops Q2 EPS by 44c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

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Go back to Teledyne Technologies (TDY) Tops Q2 EPS by 44c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

Teledyne (TDY) PT Raised to $240 at Needham & Company

August 6, 2018 6:37 AM EDT

Needham & Company raised its price target on Teledyne (NYSE: TDY) to $240.00 (from $210.00) while maintaining a Buy rating.

Analyst James Ricchitui commented, "TDY is firing on all cylinders, as evidenced by another strong beat-and-raise quarter. Revenues increased a stronger than expected 9% (8% organic)... More