Infineon Technologies AG : The message remains positive nonetheless
>Outperform reiterated and target price maintained at € 43 - Yesterday, IFX published Q2 2022 results > forecasts and made a further upward revision to its targets for 2022 (first take ). In an unfavourable context for technology stocks, the market has not taken these good results into account and has 1/ overinterpreted the guidance for a Q3 margin below forecasts as a signal of hazardous and structural pressure on margins, 2/ continued to question the solidity of de...Infineon Technologies is a semiconductor manufacturing company. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for the generation, transmission and economy in the use of electrical energy. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, mobile devices and mobile phone network infrastructures. The Chip Card & Security segment designs, develops, manufactures and markets semiconductor-based security products for card applications and networked systems.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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