ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has left its rating for Infineon at "Buy" with a target price of 46 euros ahead of the quarterly figures. Many investors remain cautious with regard to Infineon, but for analyst Francois-Xavier Bouvignies the chip manufacturer remains the "top pick" in the sector. At the current price level, a lot of negative factors are priced in and the structural growth drivers beyond the cycle are convincing, he wrote in a study published on Thursday./ajx/mis

Publication of the original study: 10.04.2024 / 14:37 / GMT First distribution of the original study: 10.04.2024 / 14:37 / GMT

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