Teradyne shares rose more than 5% after Stifel upgraded the company, citing a shift in its narrative and revenue mix alongside greater AI-driven optionality.

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Teradyne expects Q4 sales to reach up to $1B as AI-driven semiconductor testing demand accelerates.

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Susquehanna has a Positive rating on Teradyne and upped its price target to $200 from $133.

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