On July 21, Amphenol rose 3.59% in regular trading, trading at $153.44/share, with turnover of $84.045 million.
On the news front, multiple investment banks have recently raised their price targets on Amphenol in quick succession. JPMorgan lifted its target to $215 from $200 while maintaining an Overweight rating, Barclays raised its target to $198, BNP Paribas adjusted to $200, and Baird increased to $190. The consensus mean target price now stands at approximately $189.17, implying significant upside from current levels. The company is scheduled to report earnings on July 29 before market open, with analysts expecting EPS of $1.19, representing sequential growth from the prior quarter.
Additionally, the Electronic Components sector rallied broadly on the same day, with Coherent up 6.6%, Vishay Intertechnology up 4.44%, M-tron Industries up 3.56%, Corning up 3.23%, and CCSC Technology up 1.48%, providing further sector-level support for the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)