Goldman Sachs Maintains Buy on TE Connectivity, Lowers Price Target to $179
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Buy rating on TE Connectivity (NYSE:TEL) but lowers the price target from $189 to $179.
October 01, 2024 | 5:57 pm
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Goldman Sachs has maintained its Buy rating on TE Connectivity but has lowered the price target from $189 to $179, indicating a slightly less optimistic outlook.
The Buy rating suggests continued confidence in TE Connectivity's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100