Amphenol Stock Just Had a Huge Week. Here’s What Could Move It Next
Amphenol shares closed Friday at $148.76, up 12.65% for the week, after touching $151.62 on volume of 13.7 million. BNP Paribas Exane raised its price target to $200. Amphenol reported first-quarter sales up 58% to $7.6 billion and orders of $9.4 billion. The company completed its acquisition of CommScope’s Connectivity and Cable Solutions in January.