10:58 AM EDT, 06/03/2026 (MT Newswires) -- TE Connectivity's ( TEL ) passive optical connectivity positioning into data centers could be underappreciated, with optical connectivity presenting additional total addressable market expansion opportunities, Oppenheimer said in a Wednesday research note.

Across prospective phasing to optical data connectivity, the company is well-positioned with its higher-complexity optical product portfolio, analysts wrote.

Oppenheimer said its bullish stance reflects the company advancing deployment of its business model, as well as favorable market dynamics tied to rapidly scaling AI and data centers, according to the note.

The brokerage said it reiterated its outperform rating on the stock and price target of $285 per share.

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