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Teradyne (TER) was downgraded to a Hold Rating at Northland Securities

Tipranks - Tipranks - Thu Feb 5, 9:38AM CST

Northland Securities analyst Gus Richard downgraded Teradyne to a Hold today and set a price target of $270.00.

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Richard covers the Technology sector, focusing on stocks such as Enphase Energy, Synaptics, and Nextpower Inc. According to TipRanks, Richard has an average return of 20.9% and a 60.53% success rate on recommended stocks.

In addition to Northland Securities, Teradyne also received a Hold from KeyBanc’s Steve Barger in a report issued today. However, on the same day, Susquehanna maintained a Buy rating on Teradyne (NASDAQ: TER).

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Based on Teradyne’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $769.21 million and a net profit of $119.56 million. In comparison, last year the company earned a revenue of $737.3 million and had a net profit of $145.65 million

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