Wells Fargo raised the firm’s price target on TE Connectivity (TEL) to $226 from $214 and keeps an Equal Weight rating on the shares. The firm notes the company’s Q2 adjusted EPS beat on tax, but margins slightly missed. TE guided to Q3 2026 EPS 2% above VA consensus. The near-term looks strong with all segments expected to rise quarter-over-quarter into Q3, and orders up 25% year-over-year.
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