Citigroup Maintains Neutral on Open Text, Raises Price Target to $44
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Steve Enders maintains a Neutral rating on Open Text (NASDAQ:OTEX) and raises the price target from $41 to $44.
June 22, 2023 | 1:58 pm
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Citigroup maintains a Neutral rating on Open Text and raises the price target from $41 to $44.
Citigroup's decision to maintain a Neutral rating on Open Text indicates that the analyst does not see significant upside or downside potential in the short term. However, the raised price target from $41 to $44 suggests a slightly more positive outlook on the stock. This news may not have a strong impact on the stock price in the short term, but it could influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100