RBC Capital has decided to maintain its Outperform rating of TE Connectivity (NYSE:TEL) and raise its price target from $153.00 to $158.00.
Shares of TE Connectivity are trading down 0.2% over the last 24 hours, at $124.93 per share.
A move to $158.00 would account for a 26.47% increase from the current share price.
About TE Connectivity
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE Connectivity has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.
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