Truist Securities Maintains Hold on TE Connectivity, Raises Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein has maintained a Hold rating on TE Connectivity (NYSE:TEL) and increased the price target from $135 to $139.
December 14, 2023 | 6:33 pm
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Truist Securities reaffirmed a Hold rating on TE Connectivity and raised the price target to $139, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive reassessment of TE Connectivity's stock value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 75
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