Analysts Offer Insights on Technology Companies: Adyen (OtherADYYF), Infineon Technologies AG (OtherIFNNF) and Ciena (CIEN)

Analysts have been eager to weigh in on the Technology sector with new ratings on Adyen (ADYYFResearch Report), Infineon Technologies AG (IFNNFResearch Report) and Ciena (CIENResearch Report).

Adyen (ADYYF)

In a report released today, Timothy Chiodo from Credit Suisse maintained a Buy rating on Adyen, with a price target of EUR2800.00. The company’s shares closed last Friday at $2026.01.

According to TipRanks.com, Chiodo is a 4-star analyst with an average return of 13.5% and a 43.3% success rate. Chiodo covers the Technology sector, focusing on stocks such as AvidXchange Holdings, Paypal Holdings, and Affirm Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adyen with a $3220.94 average price target.

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Infineon Technologies AG (IFNNF)

In a report released yesterday, Keagan Bryce from Barclays maintained a Hold rating on Infineon Technologies AG, with a price target of EUR45.00. The company’s shares closed last Friday at $44.14.

According to TipRanks.com, Bryce is ranked #1974 out of 7778 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Infineon Technologies AG with a $53.11 average price target, which is a 18.5% upside from current levels. In a report issued on January 10, Warburg Research also maintained a Hold rating on the stock with a EUR41.00 price target.

Ciena (CIEN)

In a report released today, Catharine Trebnick from Colliers Securities reiterated a Buy rating on Ciena, with a price target of $80.00. The company’s shares closed last Friday at $71.41.

According to TipRanks.com, Trebnick is a 3-star analyst with an average return of 2.3% and a 42.7% success rate. Trebnick covers the Technology sector, focusing on stocks such as Tufin Software Technologies, Ping Identity Holding, and Palo Alto Networks.

Currently, the analyst consensus on Ciena is a Strong Buy with an average price target of $82.23, representing a 14.5% upside. In a report issued on January 11, Bank of America Securities also maintained a Buy rating on the stock with a $91.00 price target.

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