Citigroup Maintains Neutral on Informatica, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Informatica (NYSE:INFA) and raises the price target from $15 to $20.
August 04, 2023 | 11:22 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Informatica and raises the price target from $15 to $20.
The news is directly about Informatica and is likely to have a neutral impact on its stock price in the short term. The raised price target indicates a positive outlook, but the maintained Neutral rating suggests that the stock is fairly valued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100