TE Connectivity (TEL) Tops Q1 EPS by 15c

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TE Connectivity (TEL) PT Raised to $115 at Stifel

January 24, 2018 1:29 PM EST

Stifel raised its price target on TE Connectivity (NYSE: TEL) to $115.00 (from $110.00) while maintaining a Buy rating.

In the quarter, analyst Matthew Sheerin noted solid y/y organic growth in Transportation (up 13% y/y) and Industrial (up 6%), partially offset by Communications (down... More