Infineon: UBS maintains buy rating

(CercleFinance.com) - UBS reinstates its "buy" rating on Infineon Technologies shares, along with its target price of 40 euros, which represents upside potential of 53% for the German semiconductor maker.


"Our view remains that accelerating EV demand can drive Infineon's earnings growth outperformance and that multiples can remain at elevated levels," the broker summarised.


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