Amphenol price target raised to $149 from $136 at Truist

Truist raised the firm’s price target on Amphenol (APH) to $149 from $136 and keeps a Buy rating on the shares. The firm is adjusting its model after the company completed its acquisition of Carlisle Interconnect Technologies business from Carlisle Companies Incorporated (CSL), incorporating CIT’s financing costs and operating results into its estimates, the analyst tells investors in a research note.