UPDATE: Drexel Hamilton Raises Teledyne Technologies' PT

According to a research report published this morning, Drexel Hamilton has increased Teledyne Technologies' TDY PT from $55 to $60. In the report, Drexel Hamilton said, "Revenues are targeted for modest 3.7% and 1.1% year-year gains, reflecting the tug and pull of waning defense exposure as civil programs accelerate. Q1 financials registered solid progress as Teledyne shifts gears from last decade's push into military end markets towards higher value commercial." Drexel Hamilton maintains its Hold rating on Teledyne Technologies, which closed Friday at $65.07.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorPrice TargetAnalyst RatingsDrexel Hamilton
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!