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Analysts Offer Insights on Technology Companies: Infineon Technologies AG (OtherIFNNF) and Sportradar Group AG (SRAD)

Tipranks - Tipranks - Tue Jun 9, 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 Sportradar Group AG (SRAD) with bullish sentiments.

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Infineon Technologies AG (IFNNF)

Bernstein analyst Mark Newman maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR74.00. The company’s shares closed last Monday at $91.30.

According to TipRanks.com, Newman is a top 100 analyst with an average return of 100.1% and a 80.8% success rate. Newman covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Super Micro Computer. ;'>

Currently, the analyst consensus on Infineon Technologies AG is a Strong Buy with an average price target of $85.58, a -5.0% downside from current levels. In a report issued on May 28, Deutsche Bank also maintained a Buy rating on the stock with a EUR90.00 price target.

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Sportradar Group AG (SRAD)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Sportradar Group AG, with a price target of $23.00. The company’s shares closed last Monday at $15.12.

According to TipRanks.com, McTernan is a 4-star analyst with an average return of 2.9% and a 44.6% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International. ;'>

Sportradar Group AG has an analyst consensus of Strong Buy, with a price target consensus of $20.21, a 37.3% upside from current levels. In a report issued on June 3, Stifel Nicolaus also maintained a Buy rating on the stock with a $21.00 price target.

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