Amphenol Reports Record Fourth Quarter and Full Year 2024 Results
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Amphenol (APH) PT Raised to $88 at Evercore ISI, Maintains Top Pick
January 22, 2025 4:39 PM ESTEvercore ISI analyst Amit Daryanani raised the price target on Amphenol (NYSE: APH) to $88.00 (from $80.00) while maintaining a Outperform rating.
The analyst comments "ALL YOU NEED TO KNOW: APH reported impressive upside to Decqtr results with rev/EPS of $4.32B/$0.55 vs. street at $4.1B/$0.50. Overall, sales were up +30% y/y (up +20% organic) with growth driven by continued AI tailwinds combined with broad-based performance across most end markets. AI-related revenue continued to be a meaningful... More
