Form 8-K TE Connectivity Ltd. For: Jul 28

Go back to Form 8-K TE Connectivity Ltd. For: Jul 28

TE Connectivity (TEL) PT Raised to $170 at Jefferies

July 29, 2021 8:11 AM EDT

Jefferies analyst David Kelley raised the price target on TE Connectivity (NYSE: TEL) to $170.00 (from $160.00) while maintaining a Buy rating.

The analyst commented, "3Q adj. EPS of $1.79 beat (JEFE of $1.61, consensus of $1.58) while 4Q guide outpaced expectations. We expect continued channel replenishment as... More