Barclays Lifts PT on TE Connectivity (TEL)
Key takeaways
- Barclays lifted the price target on TE Connectivity plc (NYSE:TEL) to $300 from $297 on June 15 and reiterated an Overweight rating on the shares.
- TE Connectivity plc (NYSE:TEL) also reported record orders of $5.3 billion in the quarter, reflecting an increase of 25% year over year with double-digit order growth in both segments and growth in all businesses.
- TE Connectivity plc (NYSE:TEL) is involved in the provision of connectivity and sensor solutions for the distribution of signal, power, and data.
Barclays Lifts PT on TE Connectivity (TEL) Noor Ul Ain Rehman Wed, June 24, 2026 at 7:41 PM GMT+7 2 min read BCS TEL TE Connectivity plc (NYSE:TEL) is one of the best big tech stocks to buy according to Wall Street analysts. Barclays lifted the price target on TE Connectivity plc (NYSE:TEL) to $300 from $297 on June 15 and reiterated an Overweight rating on the shares. The firm lowered the company’s fiscal Q3 earnings estimates ahead of its earnings report. For reference, in its financial results for fiscal Q2 2026, TE Connectivity plc (NYSE:TEL) reported that net sales for the quarter reached $4.74 billion, up 7% organically and 15% on a reported basis year over year, driven primarily by growth in both the Industrial and Transportation segments. GAAP diluted earnings per share from continuing operations were $2.90, while adjusted EPS reached a record $2.73, reflecting a growth of 24% year over year.
TE Connectivity plc (NYSE:TEL) also reported record orders of $5.3 billion in the quarter, reflecting an increase of 25% year over year with double-digit order growth in both segments and growth in all businesses.
TE Connectivity plc (NYSE:TEL) is involved in the provision of connectivity and sensor solutions for the distribution of signal, power, and data. The company’s operations are divided into the following segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.