Teledyne Technologies Inc Gets a Buy Rating from Needham

Needham analyst James Ricchiuti reiterated a Buy rating on Teledyne Technologies Inc (NYSE: TDY) today and set a price target of $210. The company’s shares closed yesterday at $183.58.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 13.5% and a 61.9% success rate. Ricchiuti covers the Consumer Goods sector, focusing on stocks such as Faro Technologies, Universal Display, and Flir Systems.

Teledyne Technologies Inc has an analyst consensus of Moderate Buy, with a price target consensus of $210.

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Teledyne Technologies Inc’s market cap is currently $6.52B and has a P/E ratio of 29.42. The company has a book value ratio of 3.3505.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2018, Paul David Miller, a Director at TDY sold 4,777 shares for a total of $904,257.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Teledyne Technologies, Inc. engages in the provision of electronic and communication products for wireless and satellite systems. It operates through the following segments: Instrumentation; Digital Imaging; Aerospace and Defense Electronics; and Engineered Systems.