Analysts have been eager to weigh in on the Technology sector with new ratings on Synaptics (SYNA) and Infineon Technologies AG (IFNNF).
Synaptics (SYNA)
Needham analyst Rajvindra Gill maintained a Buy rating on Synaptics today and set a price target of $100.00. The company’s shares closed last Monday at $61.93.
According to TipRanks.com, Gill is a 5-star analyst with an average return of 6.0% and a 50.3% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Smart Global Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Synaptics with a $76.83 average price target.
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Infineon Technologies AG (IFNNF)
In a report released today, Malte Schaumann from Warburg Research maintained a Hold rating on Infineon Technologies AG, with a price target of EUR22.00. The company’s shares closed last Monday at $17.33.
According to TipRanks.com, Schaumann is ranked #5794 out of 6520 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infineon Technologies AG with a $21.01 average price target, which is a 21.2% upside from current levels. In a report released yesterday, Citigroup also downgraded the stock to Hold with a EUR18.00 price target.
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