TE Connectivity Announces Results for First Quarter of Fiscal Year 2018
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TE Connectivity (TEL) PT Raised to $115 at Stifel
January 24, 2018 1:29 PM ESTStifel raised its price target on TE Connectivity (NYSE: TEL) to $115.00 (from $110.00) while maintaining a Buy rating.
In the quarter, analyst Matthew Sheerin noted solid y/y organic growth in Transportation (up 13% y/y) and Industrial (up 6%), partially offset by Communications (down... More
TE Connectivity (TEL) Tops Q1 EPS by 15c
January 24, 2018 6:01 AM ESTTE Connectivity (NYSE: TEL) reported Q1 EPS of $1.40, $0.15 better than the analyst estimate of $1.25. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.38 billion.
2018 Outlook
For the fiscal second quarter of 2018, the company expects net sales of $3.55 billion to... More
