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Analysts Offer Insights on Technology Companies: Infineon Technologies AG (OtherIFNNF) and BlackBerry (BB)

Tipranks - Fri Jan 9, 6:24AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Infineon Technologies AG (IFNNFResearch Report) and BlackBerry (BBResearch Report).

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Infineon Technologies AG (IFNNF)

In a report released today, Simon Coles from Barclays maintained a Buy rating on Infineon Technologies AG, with a price target of EUR44.00. The company’s shares closed last Wednesday at $49.75.

Coles has an average return of 9.9% when recommending Infineon Technologies AG. ;'>

According to TipRanks.com, Coles is ranked #2856 out of 10401 analysts.

Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $50.80, which is a 3.1% upside from current levels. In a report issued on January 4, Bernstein also maintained a Buy rating on the stock with a EUR51.00 price target.

See the top stocks recommended by analysts >>

BlackBerry (BB)

RBC Capital analyst Paul Treiber maintained a Hold rating on BlackBerry today and set a price target of $4.50. The company’s shares closed last Wednesday at $3.89.

According to TipRanks.com, Treiber is a 5-star analyst with an average return of 12.2% and a 59.4% success rate. Treiber covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Enghouse Systems, and Topicus.com. ;'>

Currently, the analyst consensus on BlackBerry is a Hold with an average price target of $4.55, a 15.2% upside from current levels. In a report issued on January 4, TipRanks – OpenAI also reiterated a Hold rating on the stock with a C$5.50 price target.

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