Truist Securities Maintains Hold on TE Connectivity, Raises Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a Hold rating on TE Connectivity (NYSE:TEL) and raises the price target from $151 to $156.
July 25, 2024 | 2:48 pm
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Truist Securities has maintained its Hold rating on TE Connectivity and increased the price target from $151 to $156.
The increase in the price target from $151 to $156 suggests a positive outlook on TE Connectivity's future performance. However, the Hold rating indicates that the stock is expected to perform in line with the market. This mixed signal may lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100