TE Connectivity (TEL) Tops Q3 EPS by 5c; Offers Q4 Outlook

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TE Connectivity (TEL) PT Raised to $65 at RBC Capital Following Solid June Qtr

July 20, 2016 1:47 PM EDT

RBC Capital analyst Amit Daryanani reiterated an Outperform rating and bumped his price target on TE Connectivity (NYSE: TEL) to $65.00 (from $63.00) following strong Q3 results. The company reported revenue/EPS of $3.1B/$1.08 vs. consensus $3.1B/$1.03.

Daryanani commented, "TEL reported upside to revenue/EPS for Jun-qtr... More