Infineon Technologies AG : Well positioned to further upgrade its 2023 guidance later in the year, unless the dollar continues lose significant ground against the euro
>Outperform rating maintained, target price raised to € 46 vs € 42 - Following Infineon’s better-than-expected Q1 23 results and its maintained 2023 guidance despite the unfavourable €/$ trend, we are maintaining our Outperform rating and have raised our forecasts by 12% for 2023, as well as increasing our target price from € 42 to € 46. In our view, the two key ideas to come out of this release are that: 1/ the 2023 guidance implies a sufficiently cautious scenario f...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.