Goldman Sachs Maintains Neutral on Informatica, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Madhu Kumar has maintained a Neutral rating on Informatica (NYSE:INFA) and increased the price target from $23 to $26.
December 07, 2023 | 2:41 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Informatica and raises the price target from $23 to $26, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of Informatica's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100