Baird raised the firm’s price target on TE Connectivity (TEL) to $153 from $147 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results Baird sees a higher floor for the shares and a relatively safe haven for investors despite increased maco risks.
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Read More on TEL:
- TE Connectivity price target raised to $168 from $160 at BofA
- TE Connectivity’s Strong Financial Performance and Strategic Positioning Drive Raised Price Objective
- TE Connectivity: Strong Growth Prospects and Strategic Positioning Justify Buy Rating Upgrade
- TE Connectivity upgraded to Buy from Hold at HSBC
- TE Connectivity Reports Strong Q2 Performance and Positive Outlook