Infineon Technologies AG (ETR: IFXA) was downgraded by AlphaValue to a “reduce” rating in a research note issued on Thursday. They currently have a $8.61 (€7) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase upgraded shares of Infineon Technologies AG to an “overweight” rating in a research note to investors on Monday, December 31st. They now have a $11.84 price target on the stock. Finally, analysts at Hauck & Aufhaeuser downgraded shares of Infineon Technologies AG to a “hold” rating in a research note to investors on Wednesday, December 19th. They now have a $8.16 price target on the stock.

Infineon Technologies AG traded up 1.51% on Thursday, hitting €6.471. Infineon Technologies AG has a 1-year low of €4.85 and a 1-year high of €7.911. The stock’s 50-day moving average is currently €5.33.

Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications.

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