BofA Maintains Neutral Rating on Amphenol (APH), Lifts PT

From Yahoo Finance: 2025-05-25 07:13:00

BofA analyst raised Amphenol Corp.’s price target to $90 due to NVIDIA’s NVLink Fusion announcement. Amphenol’s Q1 2025 results showed record adjusted EPS of $0.63, up 58% year-over-year. Amphenol expects increased capital spending in Q2 2025 to support growth in the IT datacom market and manage potential tariff impacts.

Amphenol Corp. designs, manufactures, and markets electrical, electronic, and fiber optic connectors globally. The company anticipates positive earnings from the acquisition of Andrew Corporation. While APH shows growth potential, some AI stocks may offer higher returns with limited downside risk. Check out our report for more information on promising AI stocks.

Read more: BofA Maintains Neutral Rating on Amphenol (APH), Lifts PT