Oppenheimer Raises TE Connectivity to Outperform, Cites AI, Grid and Industrial Tailwinds
Oppenheimer has upgraded TE Connectivity (TEL) from Perform to Outperform and set a $270 price objective, highlighting expanding AI and data-center exposure, accelerated electric-grid opportunities after the Richards acquisition, and robust performance across industrial end markets. The move follows broader analyst upward revisions to near-term ear…