Infineon unveils deep cost-cutting drive amid waning chip demand
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CFRA Reiterates Buy Rating on Infineon Technologies AG (IFX:GR) (IFNNY)
May 7, 2024 1:30 PM EDTCFRA analyst Brooks Idlet reiterated a Buy rating and EUR41.00 price target on Infineon Technologies AG (IFX:GR) (OTC: IFNNY).
The analyst comments "We lift our target EUR3 to EUR41, 16x our FY 25 (Sep.) EPS estimate, near peers and just below IFXs... More
