FRANKFURT (dpa-AFX) - Infineon shares continued to rise on Tuesday following a positive analyst report. In early trading, they took the Dax lead with a gain of around 1.4 percent.

They have gained about 13 percent since the turn of the year, more than the Dax. The interim highs from December are getting closer. Above 33.65 euros, they would again cost as much as they last did in mid-February 2022.

Support was now provided by a study by the British investment bank Barclays, which gave the securities an "Overweight" rating with a target price of 47 euros. In his study on the semiconductor sector, analyst Simon Coles focuses on the papers of Deutsche as well as those of STMicroelectronics. Here he sees attractive valuations and activity in the better end markets.

STMicroelectronics climbed to their highest level since early August on Tuesday. Most recently, they gained about two percent on Euronext in Paris./ajx/mis