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Analysts Conflicted on These Technology Names: Infineon Technologies AG (OtherIFNNF), Qualcomm (QCOM) and Everpure (P)

Tipranks - Tipranks - Wed Jun 24, 6:12AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Infineon Technologies AG (IFNNF), Qualcomm (QCOM) and Everpure (P).

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Infineon Technologies AG (IFNNF)

In a report released today, Christopher Rolland from Susquehanna maintained a Buy rating on Infineon Technologies AG, with a price target of EUR100.00. The company’s shares closed last Monday at $98.75.

According to TipRanks.com, Rolland is a top 25 analyst with an average return of 47.9% and a 66.3% success rate. Rolland covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Advanced Micro Devices. ;'>

Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $89.37, implying a -8.7% downside from current levels. In a report issued on June 8, Bernstein also maintained a Buy rating on the stock with a EUR74.00 price target.

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

Qualcomm (QCOM)

Bernstein analyst Stacy Rasgon maintained a Hold rating on Qualcomm yesterday and set a price target of $140.00. The company’s shares closed last Monday at $221.90, close to its 52-week high of $230.63.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 39.8% and a 69.8% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Renesas Electronics, and NXP Semiconductors. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Qualcomm with a $187.78 average price target, implying a -15.8% downside from current levels. In a report released yesterday, Cantor Fitzgerald also reiterated a Hold rating on the stock with a $200.00 price target.

Everpure (P)

In a report released today, Jason Ader from William Blair reiterated a Buy rating on Everpure. The company’s shares closed last Monday at $77.04.

According to TipRanks.com, Ader is a 4-star analyst with an average return of 5.1% and a 44.9% success rate. Ader covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Rubrik, Inc. Class A, and CommVault Systems. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Everpure with a $93.73 average price target, a 23.9% upside from current levels. In a report issued on June 13, TipRanks – xAI also upgraded the stock to Buy with a $77.00 price target.

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