Credit Suisse Upgrades TE Connectivity to Outperform, Raises Price Target to $138
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Guy Hardwick upgraded TE Connectivity (NYSE:TEL) from Neutral to Outperform and raised the price target from $136 to $138.
May 19, 2023 | 8:21 am
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TE Connectivity (NYSE:TEL) has been upgraded from Neutral to Outperform by Credit Suisse, with a raised price target of $138.
The upgrade from Credit Suisse analyst Guy Hardwick is a positive signal for TE Connectivity. The raised price target from $136 to $138 indicates an increased confidence in the company's performance and potential for growth. This news is likely to have a positive short-term impact on TEL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100