RBC Capital Maintains Outperform on Informatica, Raises Price Target to $24
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Informatica (NYSE:INFA) and raises the price target from $22 to $24.
August 10, 2023 | 2:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Informatica and raises the price target from $22 to $24. This could potentially lead to a positive impact on the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Informatica to do better than the overall market. The increase in the price target from $22 to $24 suggests that they believe the stock is undervalued at its current price. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100