Credit Suisse Reaffirms a Neutral Rating on Teradyne (TER) and $39 Target; Tortoise Energy Independence Fund Has 1.18 Sentiment

April 26, 2018 - By Vivian Park

Teradyne, Inc. (NYSE:TER) Logo

Tortoise Energy Independence Fund Inc (NDP) investors sentiment increased to 1.18 in 2017 Q4. It’s up 0.35, from 0.83 in 2017Q3. The ratio is more positive, as 13 funds started new or increased stock positions, while 11 cut down and sold stakes in Tortoise Energy Independence Fund Inc. The funds in our database reported: 1.50 million shares, down from 1.63 million shares in 2017Q3. Also, the number of funds holding Tortoise Energy Independence Fund Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 4 New Position: 9.

New York: In analysts report sent to investors on Thursday morning, Credit Suisse kept their Neutral rating on shares of Teradyne (NYSE:TER). They currently have a $39 target price per share on the company. Credit Suisse’s target suggests a potential upside of 11.84% from the company’s previous stock close.

Since October 27, 2017, it had 0 buys, and 5 selling transactions for $6.73 million activity. $508,179 worth of Teradyne, Inc. (NYSE:TER) shares were sold by Robbins Brad. Gray Charles Jeffrey sold $1.49M worth of stock or 32,238 shares. 30,000 shares were sold by JAGIELA MARK E, worth $1.35M. $330,763 worth of Teradyne, Inc. (NYSE:TER) was sold by Smith Gregory Stephen on Monday, February 5. On Tuesday, January 30 Beecher Gregory R sold $3.32 million worth of Teradyne, Inc. (NYSE:TER) or 71,300 shares.

Among 18 analysts covering Teradyne (NYSE:TER), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 44% are positive. Teradyne has $61.0 highest and $19 lowest target. $40.80’s average target is 17.01% above currents $34.87 stock price. Teradyne had 50 analyst reports since August 25, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by KeyBanc Capital Markets. On Wednesday, April 25 the stock rating was downgraded by DA Davidson to “Hold”. Robert W. Baird maintained Teradyne, Inc. (NYSE:TER) on Friday, October 6 with “Buy” rating. The firm has “Outperform” rating by Cowen & Co given on Tuesday, December 6. Cowen & Co maintained it with “Outperform” rating and $34 target in Thursday, January 26 report. The company was maintained on Friday, April 28 by Needham. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, July 21. The company was maintained on Friday, July 29 by DA Davidson. Needham maintained Teradyne, Inc. (NYSE:TER) on Friday, January 27 with “Buy” rating. Craig Hallum upgraded the shares of TER in report on Tuesday, August 25 to “Hold” rating.

The stock increased 0.49% or $0.17 during the last trading session, reaching $34.87. About 1.22 million shares traded. Teradyne, Inc. (NYSE:TER) has risen 48.33% since April 26, 2017 and is uptrending. It has outperformed by 36.78% the S&P500.

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company has market cap of $6.79 billion. The Company’s Semiconductor Test segment offers semiconductor test services and products for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications. It has a 27.24 P/E ratio. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.01, from 0.96 in 2017Q3. It dived, as 27 investors sold Teradyne, Inc. shares while 145 reduced holdings. 63 funds opened positions while 100 raised stakes. 185.57 million shares or 0.01% more from 185.56 million shares in 2017Q3 were reported. Eastern Retail Bank has invested 0.02% of its portfolio in Teradyne, Inc. (NYSE:TER). Nordea Inv Mngmt Ab accumulated 373,306 shares. Arrowgrass (Us) L P invested in 569,757 shares. Westpac Banking reported 106,250 shares or 0.1% of all its holdings. Hilton Capital Mgmt Lc reported 0.05% of its portfolio in Teradyne, Inc. (NYSE:TER). Engineers Gate Manager Lp invested in 0.25% or 87,267 shares. Dekabank Deutsche Girozentrale reported 0.01% in Teradyne, Inc. (NYSE:TER). Regions Financial Corp reported 255 shares. The United Kingdom-based Baillie Gifford And has invested 0.46% in Teradyne, Inc. (NYSE:TER). Mutual Of America Capital Management Lc owns 158,832 shares or 0.1% of their US portfolio. Synovus Financial invested in 0.02% or 33,734 shares. Globeflex L P reported 0.09% of its portfolio in Teradyne, Inc. (NYSE:TER). Eaton Vance Mngmt has 0.01% invested in Teradyne, Inc. (NYSE:TER) for 66,083 shares. Md Sass Invsts Services Incorporated owns 0.16% invested in Teradyne, Inc. (NYSE:TER) for 43,700 shares. Hanseatic Mgmt Svcs Inc holds 0.92% in Teradyne, Inc. (NYSE:TER) or 21,790 shares.

Advisors Asset Management Inc. holds 0.08% of its portfolio in Tortoise Energy Independence Fu for 381,770 shares. Thomas J. Herzfeld Advisors Inc. owns 9,350 shares or 0.05% of their US portfolio. Moreover, Clough Capital Partners L P has 0.03% invested in the company for 31,297 shares. The Illinois-based Wolverine Asset Management Llc has invested 0.03% in the stock. Cambridge Investment Research Advisors Inc., a Iowa-based fund reported 118,717 shares.

The stock increased 0.75% or $0.09 during the last trading session, reaching $12.3. About 9,086 shares traded. Tortoise Energy Independence Fu (NDP) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Teradyne, Inc. (NYSE:TER) Institutional Positions Chart

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