BUZZ-Stifel raises Teledyne PT; shares rise

Reuters01-22
BUZZ-<a href="https://laohu8.com/S/SFB">Stifel</a> raises Teledyne PT; shares rise

** Stifel raises PT on target detection sensor maker Teledyne Technologies TDY.N to $720 from $645; reiterates "buy" rating

** New PT represents a 15.8% upside to stock's last close

** Shares of TDY up 1.1% at $628.3 in morning trading

** On Wednesday, TDY beat analysts' estimates for Q4 profit and revenue, led by robust demand in its aerospace and defense electronics segment

** TDY showcases broad strength across its portfolio as shorter-cycle commercial businesses finally show some positive signs of recovery - Stifel

** Brokerage raises TDY's FY26 profit per share outlook to $23.87 from $23.63

** Median PT of 14 brokerages covering the stock is $640

** TDY gained 10% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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