Barclays raised its price target on TE Connectivity to $300 from $297 and reiterated an Overweight rating on the shares. The firm lowered its fiscal third-quarter earnings estimates ahead of the company's earnings report. TE Connectivity reported fiscal second-quarter 2026 net sales of $4.74 billion, up 7% organically and 15% on a reported basis year over year, with record orders of $5.3 billion, a 25% increase. The company provides connectivity and sensor solutions across Transportation Solutions, Industrial Solutions, and Communications Solutions segments.
TE Connectivity LtdBarclays raised price target to $300 and reiterated Overweight rating.
Barclays PLC