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Amphenol price target raised to $125 from $118 at JPMorgan

Amphenol price target raised to $125 from $118 at JPMorgan

JPMorgan raised the firm’s price target on Amphenol to $125 from $118 and keeps an Overweight rating on the shares as part of a Q1 preview for the hardware and networking group. The sector is heading into Q1 earnings with one of the more benign macro backdrops in recent quarters, the analyst tells investors in a research note.

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