TMCnet News
Upgrade Alert for Teradyne (TER)Apr 26, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Teradyne (NYSE:TER) was upgraded from Neutral to Buy at UBS today. The stock closed yesterday at $16.06 on volume of 6.7 million shares, above average daily volume of 2.7 million. Teradyne (NYSE:TER) has potential upside of 22.6% based on a current price of $16.06 and analysts' consensus price target of $19.68. The stock should hit resistance at its 50-day moving average (MA) of $16.18, as well as support at its 200-day MA of $15.60. Teradyne, Inc. designs, manufactures, sells, and supports semiconductor test products and services on a world wide basis. The Company's test equipment products and services include: semiconductor test systems, military/aerospace test instrumentation and systems, circuit-board test and inspection systems and automotive diagnostic and test systems. In the past 52 weeks, shares of Teradyne have traded between a low of $12.95 and a high of $18.01 and closed yesterday at $16.06, which is 24% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.9%. SmarTrend is monitoring the recent change of momentum in Teradyne. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Teradyne in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |