Goldman Sachs Maintains Buy on Amphenol, Raises Price Target to $119
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has reaffirmed a Buy rating on Amphenol (NYSE:APH) and increased the price target from $107 to $119.

January 25, 2024 | 2:00 pm
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POSITIVE IMPACT
Goldman Sachs analyst Mark Delaney maintains a Buy rating on Amphenol and raises the price target to $119, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs' Mark Delaney typically signals a strong conviction in the company's future performance and is often taken positively by the market. This could lead to increased investor confidence and a potential short-term rise in the stock price of Amphenol.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100