Oppenheimer upgraded TE Connectivity (TEL) to Outperform from Perform with a $270 price target The firm shuffled ratings in the industrials group. The shares have pulled back from 2025 highs even as TE’s business model deployment and execution have continued to advance, the analyst tells investors in a research note. The firm likes the company’s “favorable” market dynamics, given its exposure to “rapidly scaling” data centers and electric grids.
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