Morgan Stanley analyst Kristine Liwag lowered the firm’s price target on Teledyne to $472 from $488 and keeps an Equal Weight rating on the shares. While the defense business seems to be improving, other pockets of the Teledyne portfolio appear to be softening, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TDY:
- Teledyne’s contact image sensors are now in production
- Teledyne e2v announces next generation of high-performance global shutter CMOS image sensors
- Teledyne price target lowered to $430 from $500 at BofA
- Teledyne raises FY23 adjusted EPS view to $19.20-$19.30 from $19.00-$19.20
- Teledyne reports Q3 adjusted EPS $5.05, consensus $4.76
