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Analysts Offer Insights on Technology Companies: Intuit (INTU) and Infineon Technologies AG (OtherIFNNF)

Tipranks - Tipranks - Tue May 19, 1:00AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Intuit (INTU) and Infineon Technologies AG (IFNNF) with bullish sentiments.

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Intuit (INTU)

In a report released today, Brent Thill from Jefferies reiterated a Buy rating on Intuit, with a price target of $650.00. The company’s shares closed last Friday at $393.00.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 2.6% and a 50.2% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Procore Technologies. ;'>

Intuit has an analyst consensus of Strong Buy, with a price target consensus of $580.23, a 50.8% upside from current levels. In a report issued on May 11, TD Cowen also maintained a Buy rating on the stock with a $576.00 price target.

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Infineon Technologies AG (IFNNF)

Citi analyst Andrew Gardiner maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR80.00. The company’s shares closed last Friday at $75.75.

Gardiner has an average return of 14.5% when recommending Infineon Technologies AG. ;'>

According to TipRanks.com, Gardiner is ranked #264 out of 12240 analysts.

Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $81.52, which is a 7.5% upside from current levels. In a report issued on May 6, TipRanks – PerPlexity also upgraded the stock to Buy with a EUR67.00 price target.

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