This week, Wells Fargo raised its rating on TE Connectivity to overweight from equal weight. The company designs and manufactures connectivity and sensor products across a variety of sectors, including most notably the automobile industry.
The analyst said the stock isn't without risk, but it noted that the improving global outlook should help investors. The analyst said she believes the company has big opportunities across logistics and the supply chain, and thinks e-commerce will be a "key driver" behind top-line growth.
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