Amphenol acquires some assets of Tel-Ad Electronics, Globes reports Amphenol (APH) has acquired some of the activities of Tel-Ad Electronics, an Israeli distributor and manufacturer of communications equipment components, Globes reports. Sources believe the acquisition is valued at $60M-$70M in cash. Reference Link
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Amphenol price target raised to $97 from $84 at Cantor Cantor raised its price target on Amphenol to $97 following the company's "solid" Q1 report, but the firm believes upside could be limited from current levels and maintains its Hold rating on the name.