Jefferies raises Teledyne stock price target to $770 on government sales growth

NodeGuardian

2026-03-15 12:05:05

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Jefferies has increased its price target for Teledyne Technologies Inc. shares to $770 from $710, maintaining a Buy rating, citing a 13% increase in U.S. Government sales and other positive financial metrics from the company’s 10-K filing. Despite the stock appearing on InvestingPro’s Most Overvalued list with a P/E ratio of 35.45, Teledyne reported strong Q4 sales and is involved in significant projects like producing infrared modules for the Space Development Agency’s Tracking Layer program. Other analysts from Stifel and TD Cowen have also raised their price targets for Teledyne due to growth in unmanned and space businesses.

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