- Connectors and sensors provider TE Connectivity Ltd’s (NYSE:TEL) board approved an additional share buyback program by $1.5 billion.
- At the end of the March quarter, TE Connectivity held $1.75 billion in cash and equivalents.
- TE shares gained 61% last year.
- Price action: TEL shares traded higher by 1.14% at $138.5 in the premarket session on the last check Friday.
DA Davidson Maintains Neutral on Broadridge Financial Soln, Raises Price Target to $158
DA Davidson analyst Peter Heckmann maintains Broadridge Financial Soln (NYSE:BR) with a Neutral and raises the price target from $152 to $158.