Goldman Sachs Maintains Neutral on Informatica, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Madhu Kumar maintains a Neutral rating on Informatica (NYSE:INFA) and raises the price target from $19 to $21.

August 04, 2023 | 1:25 pm
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Goldman Sachs maintains a Neutral rating on Informatica and raises the price target from $19 to $21.
The news is directly about Informatica. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no major changes in the company's performance. However, the increase in price target from $19 to $21 suggests a positive outlook, which could potentially influence investor sentiment and the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100