UBS raised the firm’s price target on Amphenol (APH) to $106 from $85 and keeps a Buy rating on the shares. Low distributor inventory could indicate that a restock is needed, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APH:
- Citi ups Amphenol target, opens ‘upside 90-day short-term view’
- Amphenol price target raised to $90 from $85 at BofA
- Amphenol’s Growth Potential in AI Sector Tempered by Macroeconomic Challenges: Analyst Maintains Hold Rating
- Amphenol Increases Authorized Shares to 5 Billion
- Amphenol Appoints New Principal Accounting Officer