Cantor Fitzgerald Raises Price Target for Teradyne (TER) Amid Strong Semiconductor Outlook
On June 29, Cantor Fitzgerald raised its price target on Teradyne Inc. (NASDAQ:TER) to $550 from $400 while maintaining an Overweight rating due to a prolonged semiconductor cycle driven by AI infrastructure demand and supply chain constraints. Susquehanna also increased its price target for TER to $550, citing higher wafer fabrication equipment spending projections.
Tickers: $TER
Topics: AI infrastructure semiconductor industry stock analysis