Tyco Electronics (NYSE:TEL) Valuation Better than Sensata Technologies (NYSE:ST) Says Goldman Sachs (NYSE:GS)

Goldman Sachs (NYSE:GS) said like Tyco Electronics (NYSE:TEL) better than Sensata Technologies (NYSE:ST) at this time, citing better valuation.

They raised full year 2011 EPS on Tyco Electronic from $2.96 to $3.05 and full year 2012 from $3.25 to $3.35, saying they see continual strength in automotive for them.

Goldman maintains a "Neutral" rating on Tyco and Sensata.

Tyco closed at $36.24 on Monday, gaining $0.84, or 2.37 percent. Sensata closed at $30.28, up $0.17, or 0.56 percent.

Goldman raised their price target on Tyco from $34 to $38.50.