Truist Securities Maintains Buy on Amphenol, Lowers Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a 'Buy' rating on Amphenol (NYSE:APH) but has lowered the price target from $101 to $97.
October 26, 2023 | 6:01 pm
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NEUTRAL IMPACT
Amphenol's price target has been lowered from $101 to $97 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Amphenol and its price target. While the lowering of the price target might seem negative, the maintenance of the 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100