02:10 PM EDT, 07/28/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $68 to $618, or 25.6x our 2026 EPS estimate, in line with TDY's three-year average forward P/E and a small premium to peers' average forward P/E of 24.1x. We raise our 2025 EPS estimate by $0.07 to $21.61 and our 2026 EPS forecast by $0.24 to $24.10. Our revised estimates reflect TDY's strong Q2 2025 performance, which delivered record quarterly sales of $1.51 billion (up 10.2% Y/Y) and adjusted EPS of $5.20 (up 13.5% Y/Y). TDY demonstrated broad-based strength with organic growth across all segments for the first time in three years, due to robust defense spending, recovering industrial markets, and strong marine instrumentation demand. We are particularly encouraged by the momentum in TDY's Digital Imaging segment, which returned 4.3% Y/Y growth - its strongest performance in three years. The segment benefited from record performance at Teledyne FLIR, where defense and industrial businesses surged on international defense sales and unmanned systems demand.