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Fly News Breaks for September 12, 2016
IFNNY
Sep 12, 2016 | 08:07 EDT
Bernstein analyst Pierre Ferragu says that Infineon can double its earnings power over the next three to five years. The company is "uniquely exposed" to "semiconductor sweet spots" in the auto and industrial markets, and it should benefit from margin increases and share gains over the next several years, according to the analyst. Ferragu keeps an EUT17 and Outperform rating on the shares.
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