Citigroup Maintains Neutral on Open Text, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steve Enders has maintained a Neutral rating on Open Text (NASDAQ:OTEX) and lowered the price target from $44 to $38.
October 16, 2023 | 3:58 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Open Text but lowered the price target from $44 to $38.
The news directly pertains to Open Text (OTEX) as Citigroup has maintained a Neutral rating but lowered the price target. This could potentially impact investor sentiment and the stock's short-term performance. However, the Neutral rating suggests that the stock's price may not significantly change in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100