TD Cowen raised the firm’s price target on Amphenol (APH) to $70 from $63 and keeps a Hold rating on the shares. The firm said the AI ramp has been incredible, and numbers keep moving higher. At some point the quarter over quarter ramp will slow or reverse, and it will be a problem, but not now.
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Read More on APH:
- Cautious Hold Rating on Amphenol Amid AI Growth and Market Volatility Concerns
- Amphenol price target raised to $85 from $78 at UBS
- Amphenol upgraded to Outperform from Equal-Weight at Fox Advisors
- Amphenol price target raised to $85 from $75 at Citi
- Amphenol price target raised to $85 from $73 at Baird