TE Connectivity (TEL) Tops Q4 EPS by 2c
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TE Connectivity (TEL) PT Lowered to $133 at Oppenheimer
November 3, 2022 1:39 PM EDTOppenheimer analyst Christopher Glynn lowered the price target on TE Connectivity (NYSE: TEL) to $133.00 (from $145.00) while maintaining an Outperform rating.
The analyst commented, "Model adjustments to FY23E EPS ($6.85/-6.5% vs. prior $7.90) reflect steep $1.0B FX headwind/~$(0.45) EPS, ~$(0.20) higher tax rate (21% vs. 18.8%), $(0.10)... More
