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Goldman Sachs Upgrades Amphenol (APH) to Buy

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RBC Capital Raises Price Target on Amphenol (APH) to $66; Reiterates Top Pick

September 20, 2016 7:05 AM EDT

RBC Capital reiterated a Top Pick rating on Amphenol (NYSE: APH), and raised the price target to $66.00 (from $65.00). RBC thinks recent global auto sales data combined with increasing content help confirm the company's outlook. APH expects its auto business to report strong growth in CY16.

Analyst Amit Daryanani commented, "We see a host... More