Here’s What Evercore ISI Thinks About Amphenol Corporation (APH)

​Amphenol Corporation (NYSE:APH) is 1 of the High-Flying Tech Stocks to Buy. On January 20, Amit Daryanani from Evercore ISI reiterated a Buy standing connected the banal and raised the terms people from $150 to $165. Earlier, connected January 14, Joseph Spak from UBS besides reiterated a Buy standing connected Amphenol Corporation (NYSE:APH) and raised the terms people from $152 to $174.

​Evercore ISI noted that the accrued terms people reflects the firm’s improved outlook arsenic portion of its Q4 net preview connected IT hardware and networking stocks nether its coverage.

​Similarly, connected January 13, Truist Securities besides raised the terms people connected the banal from $180 to $182, with a Buy rating. The steadfast noted the acquisition of CommScope’s Connectivity and Cable Solutions concern arsenic 1 of the factors down an updated outlook. The steadfast highlighted the acquisition arsenic 1 of the company’s largest ever. Truist expects this strategical measurement to summation the company’s income by astir 17%. Considering the way grounds of the institution with acquisitions, the steadfast noted that the institution usually besides improves its nett margins and instrumentality connected investments pursuing acquisitions.

​Amphenol Corporation (NYSE:APH) is simply a planetary person successful designing, manufacturing, and selling high-technology electrical, electronic, and fiber-optic connectors, interconnect systems, antennas, and sensors. Headquartered successful Wallingford, Connecticut, it serves divers markets including automotive, IT/datacom, aerospace, defense, and concern sectors.

While we admit the imaginable of APH arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.