Sanford C. Bernstein Reiterates Outperform on Infineon Technologies AG (IFXA)
Infineon Technologies AG (ETR: IFXA)‘s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Friday. They currently have a $10.00 (€8) target price on the stock.
Shares of Infineon Technologies AG traded up 2.07% during mid-day trading on Friday, hitting €5.92. Infineon Technologies AG has a 52 week low of €4.85 and a 52 week high of €7.911.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated an “add” rating on shares of Infineon Technologies AG in a research note to investors on Thursday. They now have a $8.51 price target on the stock. Separately, analysts at DZ Bank AG reiterated a “hold” rating on shares of Infineon Technologies AG in a research note to investors on Friday, November 23rd. They now have a $7.56 price target on the stock. Finally, analysts at Kepler Capital Markets upgraded shares of Infineon Technologies AG to a “buy” rating in a research note to investors on Wednesday, November 21st. They now have a $8.33 price target on the stock.
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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