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Fly News Breaks for January 23, 2020
APH
Jan 23, 2020 | 06:18 EDT
Citi analyst Jim Suva added Amphenol, his previously named top pick for 2020, to Citi's US Focus List. The post-earnings share selloff is a "buy the dip opportunity" for investors, Suva tells investors in a research note. In the months ahead, as the company speaks and meets with investors, the discovery will occur that Amphenol is "that same well run agile company and the 2020 outlook was conservative," contends Suva. He keeps a Buy rating on the shares with a $115 price target.