Infineon AG's price target has been revised by UBS, with a decrease from 42 euros to 41 euros. However, UBS still maintains a "Buy" rating for the semiconductor company.
Analyst Francois-Xavier Bouvignies believes that the conditions are now favorable for Infineon to achieve growth, despite previous delays. The report emphasizes that Infineon has set conservative targets for the upcoming financial year, positioning itself for improved earnings momentum throughout the year. This positive outlook aligns with the market's anticipation of a recovery in the semiconductor sector, which has faced challenges recently.
The original study, published on November 12, 2024, reflects UBS's ongoing analysis of Infineon's performance and market potential.