Citigroup Maintains Neutral on Informatica, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has maintained a Neutral rating on Informatica (NYSE:INFA) and increased the price target from $28 to $33.
February 12, 2024 | 8:13 pm
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Citigroup has maintained a Neutral rating on Informatica, but raised the price target from $28 to $33.
The increase in price target by Citigroup suggests a positive outlook on Informatica's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90