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Analysts Have Conflicting Sentiments on These Technology Companies: Infineon Technologies AG (OtherIFNNF), Digi International (DGII) and Paycom (PAYC)

Tipranks - Fri May 8, 6:20AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Infineon Technologies AG (IFNNF), Digi International (DGII) and Paycom (PAYC).

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Infineon Technologies AG (IFNNF)

In a report released today, Amanda Tan from DBS maintained a Buy rating on Infineon Technologies AG, with a price target of EUR70.00. The company’s shares closed last Wednesday at $69.81.

According to TipRanks.com, Tan is a 5-star analyst with an average return of 62.8% and a 73.8% success rate. Tan covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Teradyne, and Intel. ;'>

Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $70.17, which is a 1.7% upside from current levels. In a report issued on April 24, TipRanks – xAI also upgraded the stock to Buy with a EUR60.00 price target.

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Digi International (DGII)

In a report released today, James Fish from Piper Sandler reiterated a Hold rating on Digi International, with a price target of $63.00. The company’s shares closed last Wednesday at $58.85.

According to TipRanks.com, Fish is a 4-star analyst with an average return of 7.1% and a 52.5% success rate. Fish covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, DigitalOcean Holdings, and Rubrik, Inc. Class A. ;'>

Digi International has an analyst consensus of Moderate Buy, with a price target consensus of $64.00, which is an 8.2% upside from current levels. In a report issued on April 23, TipRanks – Anthropic also downgraded the stock to Hold with a $61.00 price target.

Paycom (PAYC)

Guggenheim analyst Jacob Smith CFA maintained a Buy rating on Paycom today and set a price target of $180.00. The company’s shares closed last Wednesday at $126.36.

According to TipRanks.com, CFA is ranked #10232 out of 12228 analysts.

Currently, the analyst consensus on Paycom is a Moderate Buy with an average price target of $146.62, which is a 13.0% upside from current levels. In a report issued on April 24, TipRanks – xAI also upgraded the stock to Buy with a $146.00 price target.

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