Analysts Pile on the Buy Recommendations for IFNNF and CRM
Analysts have weighed in on two technology companies: Infineon Technologies AG (IFNNF) and Salesforce (CRM). The overall sentiment is bullish, with several analysts predicting significant upside for both stocks.
Andrew Gardiner from Citi has maintained a Buy rating on IFNNF with a price target of EUR92.00. This is despite the company's shares closing last Tuesday at $64.78. Gardiner has an average return of 9.0% when recommending IFNNF and is ranked #334 out of 12,504 analysts.
The analyst consensus on IFNNF is a Strong Buy with an average price target of $100.39, representing a 55.0% upside from current levels. TipRanks, xAI has also upgraded the stock to Buy with a EUR60.00 price target.
Meanwhile, J.P. Morgan analyst Samik Chatterjee maintained a Buy rating on Salesforce today and set a price target of $265.00. The company's shares closed last Tuesday at $258.11. According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 52.7% and a 74.5% success rate.
The current analyst consensus on Salesforce is a Moderate Buy with an average price target of $267.75, representing a 5.0% upside from current levels. Cantor Fitzgerald also maintained a Buy rating on the stock with a $250.00 price target.