The company's stock surged following a significant 96.4% jump in its Communication Solutions segment, driven by booming demand from AI data centers and next-generation networks. This strong performance, characterized by surging sales and robust margins, has given it a clear edge over a key competitor. Reflecting this positive outlook, Barclays raised its price target on the stock from $120 to $143. The overall momentum is fueled by strong AI-driven growth in the broader technology sector, positioning the company as a top long-term large-cap investment.