Teradyne Reports Second Quarter 2022 Results
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Teradyne (TER) Downgraded - Smartphone and Consumer Markets Impact Outlook
July 28, 2022 3:39 PM EDTCraig-Hallum analyst Christian Schwab downgraded Teradyne (NASDAQ: TER) to Hold from Buy and lowered the firm's price target to $96 from $138 in a note to clients Thursday.
The analyst said Teradyne, an automatic test equipment designer, and manufacturer, was downgraded as mobile and consumer markets weaken.
"Teradyne guided Q3 and the remainder of the year... More
