Teledyne price target raised to $830 from $775 at Jefferies

Jefferies analyst Sheila Kahyaoglu raised the firm’s price target on Teledyne (TDY) to $830 from $775 and keeps a Buy rating on the shares. The company’s “best and raise” Q2 report reinforced its positive revision cycle, the analyst tells investors in a research note. The firm says Teledyne’s organic growth accelerated to 9.0%, the best print in years, on all-time record orders.

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Teledyne price target raised to $830 from $775 at Jefferies

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