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Teradyne upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Samik Chatterjee upgraded Teradyne (TER) to Overweight from Neutral with a price target of $158, up from $145. The firm says improvements in the VIP application-specific integrated circuit total addressable market, memory market, as well as mobility will in aggregate put Teradyne in a much better position to achieve its 2026 targets and potentially hit the higher end of them. The shares have “ample room for upside” if the targets are achievable, the analyst tells investors in a research note.

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