Evercore ISI analyst Amit Daryanani is adding Amphenol to the firm’s “Tactical Outperform” list ahead of the company reporting results. The firm thinks Amphenol will likely report “strong upside” for the September-end quarter given “very conservative” guidance that implies revenues up 1% quarter-over-quarter, “strong” auto production data points, mobile device ramps and upside from AI investment. The firm has an Outperform rating and $95 price target on Amphenol shares.
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