Teradyne is Starting to Shine

Upgrades.jpg

Teradyne, Inc. (NYSE:TER) shares have made a great comeback.  After bottoming out in late August, shares recorded about a 55% gain from the 52-week low of $8.84, with shares checking in last at $13.71 (+1.78%) after making a new 52-week high yesterday. 

Teradyne Scores Upgrade: 30% Implied Return

Bullish (Bull Market)

Piper Jaffray upgraded Teradyne (NYSE:TER) today to Overweight from Neutral while raising their price target to $13.50 from $11.50.  Teradyne shares closed today up 7% at $10.31 but with a $13.50 price target Piper believes this stock still has another 30% to go.

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