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Fly News Breaks for January 24, 2018
TDY
Jan 24, 2018 | 09:11 EDT
Needham analyst James Ricchiuti raised his price target on Teledyne to $205 and kept his Buy rating after the company's presentation at the 20th Annual Needham Growth Conference. Ricchiuti says he is now more confident about potential upside for 2018 and continued benefits from "solid organic growth" across the company's diverse business portfolio. The analyst believes that Instrumentation and Defense are poised for another good year, while Digital Imaging demand remains solid.
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