Market Overview

UPDATE: Stifel Reiterates on Teledyne Technologies Following Analyst/Investor Day

Related TDY
Benzinga's Top Upgrades, Downgrades For July 5, 2017
Teledyne Completes Divestiture To FTG Circuits

In a report published Monday, Stifel analyst Stephen Levenson reiterated a Buy rating on Teledyne Technologies (NYSE: TDY), and raised the price target from $100.00 to $110.00.

In the report, Stifel noted, “Last week, we attended an analyst and investor day hosted by Teledyne. Teledyne shares have traded through our prior target price of $100, and following the meeting, our confidence in management's vision was reaffirmed. We are raising our target to $110 based on our new 2015 forecasts. The Oil & Gas and Marine Instrumentation markets are key growth areas for Teledyne, and our takeaways from the meeting follow.”

Teledyne Technologies closed on Friday at $101.60.

Latest Ratings for TDY

Aug 2016JefferiesMaintainsHold
Jul 2016CL KingDowngradesBuyNeutral
Oct 2015NeedhamDowngradesBuyHold

View More Analyst Ratings for TDY
View the Latest Analyst Ratings

Posted-In: Stephen Levenson StifelAnalyst Color Price Target Analyst Ratings


Related Articles (TDY)

View Comments and Join the Discussion!