Teradyne price target raised to $200 from $165 at UBS

UBS analyst Timothy Arcuri raised the firm’s price target on Teradyne (TER) to $200 from $165 and keeps a Buy rating on the shares. Guidance was even stronger than we expected as Teradyne is seeing new pull-ins, most likely related to custom ASIC and networking, the analyst tells investors in a research note. Apple (AAPL) remains a big wildcard as to the shape of 2026, while the timing for the Nvidia (NVDA) qualification and new Amazon (AMZN) Vulcan revenue will determine the shape of revenue into 2027, UBS argues.