26 days ago • Posted by William Ramstein
BoA upgrades Teledyne Tech to buy rating (PO:$500)
Teledyne is a specialized industrial company that makes sensors and transmitters. Revenues are of $3.1B a year. The firm is a specialized industrial firm doubling down on Imaging technology--digital imaging is set to swell revenues and represent 60% of sales. Over the past five years operation margins have grown 437bps and with the FLIR acquisition could reach 20%. TDY's EPS grew at a 14% CAGR since 2015.