In a report released yesterday, Lee Simpson from Morgan Stanley maintained a Buy rating on Infineon Technologies AG, with a price target of €36.00. The company’s shares opened today at $38.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Simpson is a 3-star analyst with an average return of 5.7% and a 61.04% success rate. Simpson covers the Technology sector, focusing on stocks such as Cadence Design, Synopsys, and ARM Holdings PLC ADR.
In addition to Morgan Stanley, Infineon Technologies AG also received a Buy from TD Cowen’s Joshua Buchalter in a report issued today. However, yesterday, TR | OpenAI – 4o reiterated a Hold rating on Infineon Technologies AG (Other OTC: IFNNF).
IFNNF market cap is currently $49.77B and has a P/E ratio of 67.37.
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
/Semiconductor%20by%20Gorodenkoff%20via%20Shutterstock.jpg)
/An%20image%20of%20a%20Tesla%20humanoid%20robot%20in%20front%20of%20the%20company%20logo%20Around%20the%20World%20Photos%20via%20Shutterstock.jpg)
