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Amphenol price target raised to $121 from $117 at BofA

BofA raised the firm’s price target on Amphenol to $121 from $117 and keeps a Buy rating on the shares. The firm expects Amphenol to guide relatively flat quarter-over-quarter post a Q1 beat, but eventually sees calendar Q2 revenue at $3.3B, or about $70M higher than consensus, the analyst tells investors in an earnings preview note.

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