BofA raised the firm’s price target on Amphenol (APH) to $163 from $150 and keeps a Buy rating on the shares following “a strong beat” that came in “meaningfully ahead” of Street and BofA expectations. Following the Q3 beat and fiscal Q4 guidance that came in above expectations, the firm FY25 revenue and EPS estimates move up to $22.8B and $3.30 from $22.1B and $3.05, respectively.
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