Wells Fargo Maintains Equal-Weight on TE Connectivity, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on TE Connectivity (NYSE:TEL) but lowers the price target from $152 to $150.

June 25, 2024 | 2:20 pm
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NEUTRAL IMPACT
Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on TE Connectivity but lowers the price target from $152 to $150.
The maintenance of the Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a minor negative adjustment in expectations. This is likely to have a neutral to slightly negative short-term impact on TEL's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100