BofA analyst Wamsi Mohan lowered the firm’s price target on TE Connectivity to $165 from $173 and keeps a Buy rating on the shares. The firm models fiscal Q4 revenue and EPS at $4B and $1.94, respectively, in line with guidance and Street estimates. The firm, which believes the fiscal Q1 guidance could come in slightly above typical seasonality and does not expect FY25 guidance, models FY25 revenue of $16.3B, which it notes is slightly below consensus at $16.7B.
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