TD Cowen analyst Joseph Giordano raised the firm’s price target on TE Connectivity to $165 from $140 and keeps an Outperform rating on the shares. The firm said results were consistent with their bullish view that US EV fears were meaningfully overblown as it relates to the company’s globally balanced business. Weakness continues across Industrial Equipment Appliance and Data and Devices but is known and flattening out.
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- TE Connectivity price target raised to $153 from $148 at Truist
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- TE Connectivity price target raised to $162 from $144 at Wells Fargo
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