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Teradyne placed on ‘Negative Catalyst Watch’ at JPMorgan

JPMorgan placed Teradyne (TER) on “Negative Catalyst Watch” as part of its Q4 preview for the hardware and networking group. The firm expects headwinds in the company’s mobile system on a chip markets to limit upside to consensus expectations for Q1 revenue. Teradyne’s positive long-term drivers are balanced by the stock’s premium valuation, the analyst tells investors in a research note. JPMorgan keeps a Neutral rating on the name.

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