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.
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