JP Morgan Maintains Overweight on Amphenol, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Amphenol (NYSE:APH) and raises the price target from $125 to $130.
April 25, 2024 | 4:08 pm
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JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Amphenol and raises the price target from $125 to $130.
The upgrade in price target by a reputable analyst like Samik Chatterjee from JP Morgan is a strong positive signal for Amphenol, indicating a bullish outlook on the stock's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100