Teradyne Positioned for AI Growth with Strong Robotics and Auto Test Markets, Analyst Upgrades Stock
TERTeradyne(TER) Benzinga·2024-08-17 01:20

Cantor Fitzgerald analyst C J Muse upgraded Teradyne Inc TER from Neutral to Overweight and a $160 price target.Muse termed Teradyne one of the sneakier AI plays in semiconductors, adding it to its Top Picks list. He said it has excellent leverage for networking and high-bandwidth memory (HBM) and is growing in traction on the Custom Silicon side of the house.Teradyne is also well-levered to a broader industry recovery given an outsized share in Auto or Industrial test, strong positioning in the robotics ma ...