Teradyne, Inc. (TER) manufactures automated test systems and robotics products, with a market cap of $16.7 billion. However, the stock has underperformed the market, with a decline of 14% over the past 52 weeks. On Jul. 29, Teradyne reported strong Q2 results, causing the stock to surge 18.9%.

Analysts predict a 2.5% decline in TER’s EPS for the current fiscal year. The company has a history of beating consensus estimates, and 16 analysts currently rate it as a “Moderate Buy.” However, this rating has decreased from a month ago.

On Aug. 4, Citigroup Inc. maintained a “Buy” rating on TER with a price target of $117, suggesting an 11.8% potential upside. The mean price target is $116.87, representing an 11.6% premium, while the highest target of $133 implies a 27.1% upside.

Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Teradyne Stock?