Bernstein Initiates Coverage of TE Connectivity at Outperform
Fintel reports that on September 23, 2026, Bernstein initiated coverage of TE Connectivity (NYSE:TEL) (DB:BZ4) with a Outperform recommendation.
This initiation follows a recent rating action on September 11, 2026, when Wells Fargo maintained its Equal-Weight rating on the stock. On September 22, 2026, the day before the initiation, TE Connectivity closed at $213.48. On September 23, 2026, the stock closed at $214.35. Looking at recent performance, the stock has experienced a price change of +6.01% over one week, rising from a baseline close of $202.20 on September 16, 2026. Over a one-month period, the stock has seen a price change of +5.32% from its baseline close of $203.52 on August 21, 2026.
As of September 15, 2026, the current consensus target mean for TE Connectivity was $252.78, representing an implied change of +17.93%, while the current consensus target median stood at $242.25. This mean target reflects a consensus target revision of +0.25% from the prior consensus target mean of $252.15 recorded on August 28, 2026. In terms of aggregate analyst sentiment, the current recommendation period as of September 1, 2026, shows a total of 25 recommendations, consisting of 7 strong buy, 9 buy, and 9 hold ratings, resulting in a positive recommendation percentage of 64.0% and a hold percentage of 36.0%.
TE Connectivity last reported earnings on July 22, 2026. The company posted an actual EPS of 2.94, exceeding the estimated EPS of 2.8714 by a surprise of +2.39%. Actual revenue for the quarter reached $5,160,000,000.00, compared to the estimated revenue of $5,053,150,482.00.
TE Connectivity Ltd., based in Switzerland, is a global technology leader specializing in connectivity and sensor solutions. Operating primarily within the electronics industry, the company designs and manufactures products that are integral to automotive, industrial equipment, telecommunications, aerospace, defense, and consumer electronics sectors.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 23, 2026 | Bernstein | Outperform | initiated coverage | |
| September 11, 2026 | Wells Fargo | Equal-Weight | Equal-Weight | maintained |
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This story originally appeared on Fintel.