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Teradyne (TER) Stock Price Target Increased at Keybanc

2015-06-12 21:41:55| Semiconductors - Topix.net

Teradyne closed the Universal Robots acquisition on June 11. Universal Robots is the market leader in the nascent collaborative robots space, with around 65% market share in a roughly $100 million market, according to the analyst note. The firm believes that Universal Robots should generate $60 million to $65 million in revenue this year, and it should grow 50% annually untill 2018.

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