TE Connectivity (NYSE:TEL) reported quarterly earnings of $1.53 per share which beat the analyst consensus estimate of $1.51 by 1.32 percent. This is a 13.07 percent decrease over earnings of $1.76 per share from the same period last year. The company reported quarterly sales of $3.84 billion which beat the analyst consensus estimate of $3.76 billion by 2.15 percent. This is a 0.60 percent increase over sales of $3.82 billion the same period last year.
Cowen & Co. Maintains Outperform on Monolithic Power Systems, Raises Price Target to $550
Cowen & Co. analyst Matthew Ramsay maintains Monolithic Power Systems (NASDAQ:MPWR) with a Outperform and raises the price target from $490 to $550.
