Zacks Investment Research upgraded shares of TE CONNECT-LTD (TEL) from UNDERPERFORM to NEUTRAL on December 31, 2012, with a target price of $37.20.
TE Connectivity Ltd., formerly known as Tyco Electronics Ltd., operates as a global provider of engineered electronic components network solutions and systems and wireless systems. The Company's engineered electronic components are applicable in consumer and industrial products, network solutions and systems are applicable in telecommunications and energy markets and wireless systems are applicable for critical communications, radar and defense applications. The Company designs, manufactures and markets products for customers in industries ranging from automotive, appliance, aerospace and defense to telecommunications, computers and consumer electronics. TE Connectivity Ltd. is based in Schaffhausen, Switzerland.
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