tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TE Connectivity price target raised to $200 from $156 at Truist

Truist analyst William Stein raised the firm’s price target on TE Connectivity (TEL) to $200 from $156 and keeps a Hold rating on the shares. TE Connectivity delivered another mostly AI-driven beat and raise quarter, with the Q2 results and outlook both exceeding consensus, the analyst tells investors in a research note. Tariffs are having a real effect, raising revenue modestly while dragging profitability a bit, the firm says.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1