Amphenol price target raised to $88 from $80 at Stifel

Stifel analyst Matthew Sheerin raised the firm’s price target on Amphenol to $88 from $80 and keeps a Hold rating on the shares. The firm “modestly” raised its EPS estimates on Amphenol following “a relatively strong Q2 and slightly better forward guidance,” adding that the company “continues to execute well, with help from its balanced end-market portfolio.”