Barclays upgraded Amphenol (APH) to Overweight from Equal Weight with a price target of $156, up from $143. The firm upgraded the shares as part of its 2026 industrial technology and distribution outlook. The upgrade of Amphenol reflects its “strong tailwinds” from content in data center AI architectures, the Connectivity and Cable Solutions acquisition tracking ahead of guidance, and content gains in all other end markets, the analyst tells investors in a research note.
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