UBS AG has given Infineon AG a "Buy" rating and set a target price of 42 euros for the semiconductor company.
Analyst Francois-Xavier Bouvignies is cautiously optimistic about Infineon's upcoming quarterly figures, as the company is the first in its sector to provide an outlook for the new financial year.
Infineon shares are currently trading at 28.75 euros, reflecting a decrease of 0.20 euros or 0.67%.
The market is eagerly awaiting the conservative targets that Infineon is expected to announce, which will provide further insights into the company's performance and strategy going forward.