** Shares of semiconductor-testing equipment maker Teradyne TER.O rise 3.6% to $127.57 in premarket trading
** J.P.Morgan upgrades stock to "overweight" from "neutral" and raises PT to $158 from $145
** Growth in custom AI chips, memory and mobility TAM (total addressable market) will in aggregate put the company in a better position to achieve 2026 targets - JPM
** Brokerage expects growth in 2025 and 2026, driven primarily by an increase in mobility TAM further led by recovery in smartphone units
** Eleven of 19 brokerages rate the stock "buy", 6 "hold" and 2 "sell"; median PT is $130 - data compiled by LSEG
** Up to last close, stock up 13.6% YTD
(Reporting by Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))