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TE Connectivity (TEL) Gets a Buy Rating from Robert W. Baird

Robert W. Baird analyst Luke Junk maintained a Buy rating on TE Connectivity (TELResearch Report) yesterday and set a price target of $149.00. The company’s shares closed last Thursday at $131.45.

According to TipRanks.com, Junk is a 1-star analyst with an average return of -4.3% and a 31.5% success rate. Junk covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Littelfuse, and BorgWarner.

TE Connectivity has an analyst consensus of Strong Buy, with a price target consensus of $172.50.

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TE Connectivity’s market cap is currently $42.77B and has a P/E ratio of 17.82.

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Switzerland-based TE Connectivity Ltd. designs, manufactures and sells connectivity and sensor solutions. The company, which was founded in 2000, operates through the following segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

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