During the recent period,
TE Connectivity (NYSE:TEL) has been the center of various financial considerations and movements. One notable change is their
incorporation transition to Ireland. Buoyed by this,
UBS Analysts increased TEL's price target, acknowledging its strong momentum as a value stock in the long term. Simultaneously, the firm displayed solid growth amid market challenges during their
Q2 2025 earnings call. Despite some minor drops post-earnings, TEL is reported to be strong on momentum and value, with estimates being beaten for
Q2 earnings and revenue. The firm also announced offerings of
$900 million and €500 million senior notes.
Wells Fargo raised their price target for TEL as the firm received recognition in the
Dow Jones Sustainability Index for the 13th year. TEL also secured a
€500M Bond deal at 2.5% to fund Richards Manufacturing Purchase and a separate
$1.5 Billion credit facility. Changes in executive positions have occurred, including Sam Eldessouky's appointment to the Board of Directors. Despite macro challenges, TEL's technological sector performance remains solid, with plans for additional share buybacks worth $1.5B.
Te Connectivity Ltd TEL News Analytics from Wed, 29 Aug 2012 07:00:00 GMT to Sat, 31 May 2025 14:58:18 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor 1
