Truist raised the firm’s price target on Amphenol to $121 from $118 and keeps a Buy rating on the shares. The firm cites the company’s Q4 earnings beat while noting that the management commentary suggested that its end markets sounded mostly better and that its contribution margin had improved, the analyst tells investors in a research note.
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Read More on APH:
- 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
- Amphenol reports Q4 adjusted EPS 82c, consensus 77c
- APH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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