• Truist Financial sets a new price target of $239 for TE Connectivity, indicating an 11.43% potential increase.
• TE Connectivity is highlighted for its high return on equity (ROE) and status as a cash-rich company, appealing to investors seeking stability.
• The stock's recent price increase to $219.63 reflects growing investor confidence in its financial health and growth prospects.

TE Connectivity (NYSE:TEL) is a prominent player in the electronics industry, known for its innovative connectivity and sensor solutions. The company serves a wide range of industries, including automotive, industrial, and communications. As of November 21, 2025, Truist Financial set a price target of $239 for TEL, suggesting an 11.43% potential increase from its then-current trading price of $214.49. This adjustment from a previous target of $255, as reported by TheFly, reflects a more conservative outlook.

TEL is recognized as a leading stock among cash-rich companies with high return on equity (ROE). This is particularly appealing to investors seeking stability amid volatile market conditions and shifting expectations about interest rate cuts. The stock's current price of $219.63 represents a 2.39% increase, or a gain of $5.14, from its previous value. This upward movement indicates investor confidence in TEL's financial health and growth prospects.

Throughout the trading day, TEL's price has ranged from a low of $213.68 to a high of $219.74. This fluctuation is typical in the stock market, where prices can vary based on investor sentiment and market conditions. Over the past year, TEL has seen a high of $250.67 and a low of $116.30, showcasing its potential for significant price movements.

With a market capitalization of approximately $64.61 billion, TE Connectivity is a substantial player in its industry. The company's size and financial strength make it an attractive option for investors looking for reliable returns. The trading volume of 901,635 shares indicates active interest in the stock, further supporting its position as a favored choice among investors.