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Infineon Technologies AG (ADR) (NASDAQ:IFNNY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded Infineon Technologies AG (ADR)(NASDAQ:IFNNY) to Hold in a statement released on 8/19/2016.

Yesterday Infineon Technologies AG (ADR) (NASDAQ:IFNNY) traded 1.72% lower at $15.57. IFNNY’s 50-day average is $16.68 and its 200-day moving average is $14.85. With the last stock price up 9.91% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. Trade volume was was down over the average, with 266,989 shares of IFNNY changing hands under the typical 377,153 shares..

Performance Chart:

Infineon Technologies AG (ADR) (NASDAQ:IFNNY)

Infineon Technologies AG (ADR) has a price-earnings of 19 with a 52 week low of $10.23 and a 52 week high of $17.64 and has a total market value of $0.0.

A total of 1 firm has released a report on the stock. One firm rate the company a strong buy, 0 rate the company a buy, 0 firms rate the company a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the company as sell with an average target price of $16.80

Brief Synopsis On Infineon Technologies AG (ADR) (NASDAQ:IFNNY)

Infineon Technologies AG develops, manufactures and markets a range of semiconductors and system solutions. The Company operates through four segments: Automotive; Industrial Power Control; Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for generation, transmission and savings in consumption on electric power. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, as well as for mobile devices and mobile phone network infrastructures. The Chip Card & Security segment designs, develops, manufactures and markets semiconductor-based security product for card applications and network systems. Its product range includes CoolMOS, OptiMOS, AURIX, OPTIGA, REAL3, and SOLID FLASH and XHP.

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