Beyond The Numbers: 8 Analysts Discuss TE Connectivity Stock
Portfolio Pulse from Benzinga Insights
TE Connectivity (NYSE:TEL) has received mixed analyst ratings, with a range of bullish to bearish sentiments. Recent analyst actions include both raised and lowered price targets, with an average 12-month target of $163.75. Despite a slight revenue decline, TE Connectivity shows strong financial health with high net margins and ROE.
October 09, 2024 | 6:00 pm
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NEUTRAL IMPACT
TE Connectivity has received mixed analyst ratings, with some lowering and others raising their price targets. The average 12-month price target is now $163.75, slightly down from previous estimates. Despite a recent revenue decline, the company maintains strong financial metrics.
The mixed analyst ratings suggest uncertainty in the short-term price direction for TE Connectivity. While some analysts have lowered their price targets, others have raised them, indicating varied expectations. The company's strong financial metrics, such as high net margins and ROE, provide a solid foundation, but the recent revenue decline could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100