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Analysts’ Opinions Are Mixed on These Technology Stocks: Enphase Energy (ENPH) and Infineon Technologies AG (OtherIFNNF)

Tipranks - Thu Apr 9, 1:54AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Enphase Energy (ENPH) and Infineon Technologies AG (IFNNF).

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Enphase Energy (ENPH)

Barclays analyst Christine Cho CFA maintained a Sell rating on Enphase Energy today and set a price target of $31.00. The company’s shares closed last Tuesday at $32.04.

CFA has an average return of 26.0% when recommending Enphase Energy. ;'>

According to TipRanks.com, CFA is ranked #9022 out of 12128 analysts.

Currently, the analyst consensus on Enphase Energy is a Moderate Buy with an average price target of $44.87.

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Infineon Technologies AG (IFNNF)

Jefferies analyst Janardan Menon maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR52.00. The company’s shares closed last Tuesday at $44.10.

According to TipRanks.com, Menon is ranked #2464 out of 12128 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Infineon Technologies AG with a $56.51 average price target, representing a 26.6% upside. In a report issued on March 25, J.P. Morgan also upgraded the stock to Buy with a EUR48.00 price target.

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