J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on TE Connectivity (TEL – Research Report) yesterday and set a price target of $166.00. The company's shares closed last Monday at $123.22, close to its 52-week low of $123.05. According to TipRanks.com, Chatterjee is a 5-star analyst with an average return of 15.6% and a 54.8% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, CommScope Holding, and Juniper Networks. TE Connectivity has an analyst consensus of Moderate Buy, with a price target consensus of $161.22, implying a 30.3% upside from current levels.
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