Infineon has been upgraded to a 'Buy' rating by UBS, with a target price of 42 euros. This upgrade reflects cautious optimism about the semiconductor group's upcoming quarterly results.

Analyst Francois-Xavier Bouvignies has noted that Infineon is the first company in the industry to provide an outlook for the new financial year, with a conservative target in mind. Infineon's share price has shown positive movement, closing at 28.94 euros, up 1.90% from the previous day. The stock has experienced fluctuations, with a year high of 39.35 euros and a year low of 27.80 euros.

Trading activity has been robust across various platforms, with prices reaching 29.15 euros on Tradegate and 29.01 euros on Düsseldorf, indicating strong investor interest.