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Zacks Investment Research reported on Teledyne Technologies Incorporated (NYSE:TDY), upping its target price to $120.00 today

Yesterday Teledyne Technologies Incorporated (NYSE:TDY) traded -2.07% lower at $107.78. The company’s 50-day moving average is $107.29 and its 200-day moving average is $99.69. The last stock price is up 5.61% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade Volume was up over the average, with 242,678 shares of TDY changing hands over the typical 111,214

In a statement issued on 10/5/2016 Zacks Investment Research upped the target of Teledyne Technologies Incorporated (NYSE:TDY) to $120.00 reporting a potential upside of 0.11%.

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Teledyne Technologies Incorporated (NYSE:TDY)

With a total market value of $0, Teledyne Technologies Incorporated has PE ratio of 19.78 with a 52 week low of $73.66 and a 52 week high of $110.61 .

A total of 3 firms have reported on Teledyne Technologies Incorporated. 0 brokers rating the stock a strong buy, two brokerages rating the company a buy, 3 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a 12-month price target of $99.00.

More About Teledyne Technologies Incorporated (NYSE:TDY)

Teledyne Technologies Incorporated provides enabling technologies for industrial markets. The Company caters to a range of markets, which include deepwater oil and gas exploration and production, oceanographic research, and air and water quality environmental monitoring. Its products include monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, and electronic test and measurement equipment. The Company operates through four segments: Instrumentation, which provides monitoring and control instruments for marine, environmental, industrial and other applications; Digital Imaging, which include sensors, cameras and systems, within the visible, infrared, ultraviolet and X-radiation (X-ray) spectra; Aerospace and Defense Electronics, which provides electronic components, subsystems and communications products, and Engineered Systems, which provides systems engineering and integration and technology development.

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