TER is trading 4.2% up at $482.53 as investors continue to react to significant price target hikes from major financial institutions.
- Cantor Fitzgerald lifted its price target to $550 from $400, while Bank of America raised its target to $525 from $365.
- Both firms reiterated positive ratings, helping to sustain the upward momentum that saw the stock gain 6.03% on June 29.
- The continued rally reflects growing analyst confidence in the company's valuation and market position.