This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Technology Companies: Infineon Technologies AG (OtherIFNNF) and Renesas Electronics (OtherRNECF)

Tipranks - Tipranks - Fri May 29, 9:32AM CDT

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

Memorial Day Sale – Claim 70% Off TipRanks

Infineon Technologies AG (IFNNF)

Bernstein analyst David Dai CFA maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR74.00. The company’s shares closed last Thursday at $92.00.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 41.1% and a 77.8% success rate. CFA covers the Technology sector, focusing on stocks such as SCREEN Holdings Co, Tokyo Electron, and ASML Holding. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Infineon Technologies AG with a $84.76 average price target, representing a -7.9% downside. In a report issued on May 15, J.P. Morgan also maintained a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Renesas Electronics (RNECF)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Renesas Electronics today and set a price target of Yen4200.00. The company’s shares closed last Thursday at $27.00.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 38.7% and a 69.1% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Applied Materials. ;'>

Currently, the analyst consensus on Renesas Electronics is a Strong Buy with an average price target of $23.29, representing a -13.7% downside. In a report issued on May 13, TipRanks – OpenAI also upgraded the stock to Buy with a Yen4125.00 price target.

Read More on IFNNF:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).