Truist Securities Maintains Hold on TE Connectivity, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a 'Hold' rating on TE Connectivity (NYSE:TEL) and lowers the price target from $147 to $135.

November 02, 2023 | 8:10 pm
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Truist Securities has maintained a 'Hold' rating on TE Connectivity and lowered the price target from $147 to $135.
The news directly pertains to TE Connectivity as the analyst from Truist Securities has maintained a 'Hold' rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, a 'Hold' rating suggests that the stock is expected to perform in line with the market or other comparable stocks, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100