JPMorgan Lifts Amphenol (APH) PT to $145 on Robust IT, Datacom Demand

Core Viewpoint - Amphenol Corporation is highlighted as a strong investment opportunity for the next decade, with recent price target increases from major analysts indicating robust demand in the IT and datacom sectors [1][3]. Group 1: Analyst Upgrades - JPMorgan raised Amphenol's price target to $145 from $125, maintaining an Overweight rating due to increased estimates based on strong market demand [1][2]. - BofA analyst Wamsi Mohan upgraded Amphenol to Buy from Neutral, with a new price target of $150, up from $120, reflecting positive market sentiment [3]. Group 2: Market Demand - The IT and datacom markets are identified as key growth drivers for Amphenol, with expectations that demand will persist as hyperscalers deploy dense compute racks that require numerous connectors [2].