Jefferies analyst Alex Dwyer assumed coverage of TE Connectivity (TEL) with a Buy rating and a price target of $250, down from $280. The firm, which sees “a great mix shift story” into higher growth AI, utility grid, and A&D markets alongside a broader industrial recovery, sees upside to fiscal Q2 guidance and FY26 consensus.
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Read More on TEL:
- TE Connectivity price target lowered to $214 from $249 at Wells Fargo
- Credo, TE Connectivity reach settlement in active electrical cable disputes
- TE Connectivity Shareholders Back Board and Governance Proposals
- TE Connectivity increases quarterly dividend 10% to 78c per share
- TE Connectivity authorized $3.0B increase in share repurchase program
