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Jefferies Initiates Teradyne Coverage With Buy Rating, $284 Target

Jefferies initiated coverage of Teradyne with a Buy rating and a $284 price target on Wednesday. The headline cites a $2 billion Nvidia opportunity.

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SquawkNews Desk

By Mariapaula GonzalezTeradyne's transformation from a legacy smartphone chip tester into a critical supplier of artificial-intelligence chip testing equipment is winning over Jefferies.The firm initiated coverage of Teradyne with a Buy rating and $284 price target on Wednesday.Shares of Teradyne…

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