TE Connectivity (TEL) Tops Q3 EPS by 11c

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TE Connectivity (TEL) PT Raised to $157 at Jefferies

July 28, 2022 8:31 AM EDT

Jefferies analyst David Kelley raised the price target on TE Connectivity (NYSE: TEL) to $157.00 (from $151.00) while maintaining a Buy rating.

The analyst commented, "Q adj. EPS of $1.86 beat, while 4Q guide tracked above expectations driven by contribution from an extra week. Backlog & order... More