Teledyne price target raised to $705 from $640 at BofA

BofA analyst Ronald Epstein raised the firm’s price target on Teledyne (TDY) to $705 from $640 and keeps a Buy rating on the shares. The firm sees Teledyne being in a strong position to start 2026 with a structurally leaner business, clear demand signals in their long-cycle business, and short-cycle exposure modestly improving, notably in the machine vision end-market, the analyst tells investors.