Jefferies reiterates Teledyne stock rating on positive revision cycle By Investing.com
Investing.com Canada
Jefferies has reiterated a Buy rating on Teledyne Technologies Inc. (NYSE:TDY) with an $830.00 price target, anticipating a strong third-quarter performance. The firm projects third-quarter revenue of $1.65 billion and EPS of $6.17, believing Teledyne is in an early positive estimate revision cycle. The company's strong financial health is highlighted by a perfect Piotroski Score of 9, and recent positive news includes a Q2 beat, raised full-year outlook, and credit rating upgrade from Fitch.
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