Infineon stock heads into Monday after fresh target hikes — earnings next
Infineon shares closed at 42.30 euros on Friday, down 0.68% on Xetra. Berenberg raised its price target to 48 euros and Morgan Stanley to 45 euros ahead of earnings on Feb. 4. The company will seek approval for a 0.35 euro dividend at its Feb. 19 AGM. Chip sector sentiment remains volatile after Intel’s earnings miss.