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Home / News / Jefferies lowers target for Infineon to 45 euros - 'Buy' - MarketScreener
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Jefferies lowers target for Infineon to 45 euros - 'Buy' - MarketScreener

Oct 14, 2024Oct 14, 2024

NEW YORK (dpa-AFX Broker) - Analyst firm Jefferies has lowered its price target for Infineon from 50 to 45 euros, but left its rating at "Buy". The current business cycle should peak around mid-2025 and share prices should continue to run a little longer, as in the past, wrote analyst Janardan Menon in his outlook for the European semiconductor reporting season on Wednesday. His favorites are ASML, ASM International, VAT and Süss Microtec. Business with the automotive industry remains a weak point, which affects Infineon, STMicro and Melexis./ag/gl

Publication of the original study: 08.10.2024 / 13:32 / ET First distribution of the original study: 08.10.2024 / 19:05 / ET

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