BofA lowered the firm’s price target on Amphenol to $70 from $71 and keeps a Neutral rating on the shares. The firm lowered estimates to reflect a more cautious view about Auto and Industrial markets, but notes that its revenue estimates in calendar year 2025 remain above the Street as BofA has factored in unclosed, but announced, deals in its model. The firm’s calendar year 2026 EPS estimate is now $2.39, down from $2.41 previously.
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