NEW YORK (dpa-AFX Broker) - U.S.-based analyst firm Bernstein Research has issued an "outperform" rating on Infineon 's shares with a price target of 40 euros. After massive losses in 2022, analyst Sara Russo expects a better year for the European semiconductor industry, according to a research note published Thursday. With capital spending picking up and strong long-term growth trends, she said there is more upside than the market is giving the sector credit for. Infineon is their favorite because of its focus on chips for energy control./ag/ajx

Publication of the original study: 18.01.2023 / 13:18 / UTC

First disclosure of the original study: 18.01.2023 / 16:40 / UTC