B of A Securities Downgrades Amphenol to Neutral, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Amphenol from Buy to Neutral and reduced its price target from $80 to $71.
September 04, 2024 | 10:21 am
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B of A Securities has downgraded Amphenol from Buy to Neutral, reducing the price target from $80 to $71. This suggests a less optimistic outlook on the stock's performance.
The downgrade from Buy to Neutral by a major analyst like B of A Securities typically indicates a less favorable view on the stock's future performance. The reduction in price target from $80 to $71 further suggests that the analyst expects limited upside potential in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100