BNP Paribas Exane raised its price target for Amphenol Corporation to $200.00 from $195.00. The investment bank maintained an outperform rating on the stock. This new target suggests a potential upside of more than 38%.
Several other firms recently increased their targets for the electronics manufacturer. Amphenol shares gained 18% over the last five days.
The company's market capitalization increased by approximately $26 billion during this period. The stock continued its upward momentum with a notable gain on Thursday.