TE Connectivity (TEL) Tops Q3 EPS by 5c; offers guidance

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TE Connectivity (TEL) PT Raised to $160 at Citi

July 25, 2024 2:40 PM EDT

Citi analyst Asiya Merchant raised the price target on TE Connectivity (NYSE: TEL) to $160.00 (from $156.00) while maintaining a Neutral rating.

The analyst comments "TEL reported in-line results on sales (FX was worse than anticipated) while EPS was $0.06 better than guided on better margins.... More

TE Connectivity (TEL) PT Raised to $156 at Truist Securities

July 24, 2024 4:37 PM EDT

Truist Securities analyst William Stein raised the price target on TE Connectivity (NYSE: TEL) to $156.00 (from $151.00) while maintaining a Hold rating.

The analyst comments "As with some other companies this qtr, AI is overwhelming TEL's otherwise uninspiring results/outlook. TEL delivered mixed CQ2 results & CQ3... More

TE Connectivity (TEL) PT Raised to $180 at Evercore ISI

July 24, 2024 12:03 PM EDT

Evercore ISI analyst Amit Daryanani raised the price target on TE Connectivity (NYSE: TEL) to $180.00 (from $175.00) while maintaining a Outperform rating.

The analyst comments "Net/Net: We think the print/guide is better than feared post some of the other auto-levered... More

Oppenheimer Reiterates Perform Rating on TE Connectivity (TEL)

July 24, 2024 7:13 AM EDT

Oppenheimer analyst Christopher Glynn reiterated a Perform rating on TE Connectivity (NYSE: TEL)

The analyst comments "TEL's FY3Q adjusted EPS of $1.91/+8% compared to our $1.86/+5% in-line estimate, and $1.85 guidance. EPS included $(0.18) y/y from FX/tax rate vs. $(0.15) guided. Sales were $3.98B/(0.5)% (+2% organic... More