Reported 29 days ago
Amphenol Corporation (NYSE:APH) has received a price target increase from Truist Securities, from $102 to $126, maintaining a Buy rating even with a dip in AI revenues. Truist attributes the stock's recent negative reaction to this revenue decline as a minor issue, noting the company's strong position in the AI sector and quarter-over-quarter growth in end markets. Despite the positive outlook, some analysts suggest better investment options in the AI sector.
Source: YAHOO