Barclays Maintains Equal-Weight on Open Text, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Open Text (NASDAQ:OTEX) and raises the price target from $43 to $44.
August 07, 2023 | 2:14 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Open Text and raises the price target from $43 to $44. This could potentially lead to a positive sentiment among investors.
The raised price target by Barclays indicates a positive outlook for Open Text. This could potentially lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100