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Amphenol rises, outperforming market returns as analysts raise price targets

The Motley Fool +1 ·

APH Amphenol Corp
$88.62 +1.55%
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  1. 1Amphenol shares rose nearly 1.6% on Tuesday, outpacing the S&P 500's 0.6% gain.
  2. 2Mark Delaney of Goldman Sachs raised Amphenol's price target from his previous target of $102 to $116.
  3. 3Luke Junk of Baird raised Amphenol's price target from his previous target of $95 to $105.

So what's the key point?

Amphenol's stock price rose more than the market average as experts increased their valuation of the company. Analysts raised their target price to $116, expecting the stock to rise further.

Source The Motley Fool +1 · View original ↗

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