Jefferies analyst David Kelley maintained a Buy rating on TE Connectivity (TEL – Research Report) on April 12 and set a price target of $160.00. The company's shares closed last Thursday at $120.88, close to its 52-week low of $120.75. According to TipRanks.com, Kelley is a 3-star analyst with an average return of 3.8% and a 44.0% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Luminar Technologies, BorgWarner, and Littelfuse. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TE Connectivity with a $157.00 average price target, representing a 25.9% upside.
https://www.tipranks.com/news/blurbs/jefferies-thinks-te-connectivitys-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
TE Connectivity (NYSE:TEL)
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