Baird raised the firm’s price target on Amphenol to $106 from $100 and keeps an Outperform rating on the shares. The firm noted they announced an agreement to acquire Carlisle Interconnect Technologies for $2.025 billion in cash and the transaction is expected to be accretive to EPS in the first year after closing.
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Read More on APH:
- Amphenol Announces Stock Purchase Agreement with Carlisle
- Amphenol price target raised to $121 from $118 at Truist
- Amphenol price target raised to $95 from $88 at Stifel
- Amphenol price target raised to $106 from $100 at Baird
- Amphenol sees Q1 adjusted EPS 71c-73c, consensus 72c
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