Citigroup Maintains Buy on Amphenol, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant has maintained a Buy rating on Amphenol (NYSE:APH) and increased the price target from $117 to $135.

April 04, 2024 | 3:43 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Amphenol and raised its price target from $117 to $135.
The upgrade in price target by a reputable analyst like Asiya Merchant from Citigroup is a strong positive signal for Amphenol. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100