BMO Capital Maintains Outperform on Open Text, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Thanos Moschopoulos maintains an Outperform rating on Open Text (NASDAQ:OTEX) and raises the price target from $43 to $48.
August 01, 2023 | 12:19 pm
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POSITIVE IMPACT
BMO Capital maintains an Outperform rating on Open Text and raises the price target from $43 to $48. This could lead to a positive sentiment among investors.
The raised price target by BMO Capital indicates a positive outlook for Open Text. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100