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Investment analysts at Susquehanna lifted their target price on shares of Teradyne (NYSE:TER) from $23.00 to $24.00 in a note issued to investors on Friday. The firm currently has a “positive” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 23.39% from the company’s current price.

TER has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Teradyne in a research note on Thursday, June 5th. They now have a $19.00 price target on the stock. Separately, analysts at Craig Hallum upgraded shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Wednesday, June 4th. They now have a $25.00 price target on the stock, up previously from $19.00. Finally, analysts at Sidoti upgraded shares of Teradyne from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 29th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $22.15.

Teradyne (NYSE:TER) traded up 0.88% on Friday, hitting $19.45. 2,360,445 shares of the company’s stock traded hands. Teradyne has a one year low of $15.22 and a one year high of $20.72. The stock has a 50-day moving average of $18.53 and a 200-day moving average of $18.74. The company has a market cap of $3.778 billion and a price-to-earnings ratio of 28.65.

Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $321.01 million for the quarter, compared to the consensus estimate of $314.57 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, analysts predict that Teradyne will post $1.22 earnings per share for the current fiscal year.

Teradyne, Inc (NYSE:TER) is a supplier of automatic test equipment.

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