Teledyne Technologies (TDY) Tops Q1 EPS by 10c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, 2Q EPS Mid-Point Views Below Consensus

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Go back to Teledyne Technologies (TDY) Tops Q1 EPS by 10c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, 2Q EPS Mid-Point Views Below Consensus

Teledyne (TDY) PT Raised to $275 at Needham & Company

April 25, 2019 6:48 AM EDT

Needham & Company analyst James Ricchiuti raised the price target on Teledyne (NYSE: TDY) to $275.00 (from $248.00) while maintaining a Buy rating.

The analyst commented, "TDY got off to a good start in 2019, delivering solid upside to Q1 consensus revenue and EPS. Organic growth... More