Wells Fargo analyst Colin Langan raised the firm’s price target on TE Connectivity (TEL) to $249 from $245 and keeps an Equal Weight rating on the shares. The firm notes the company’s Q1 EPS beat was driven by sales and margin. TEL guided to Q2 2026 EPS in-line with consensus. The company also raised its AI outlook from up $600M year-over-year to up $800M year-over-year.
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