Citigroup Maintains Neutral on Informatica, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Neutral rating on Informatica (NYSE:INFA) and lowers the price target from $35 to $28.

July 30, 2024 | 2:46 pm
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NEGATIVE IMPACT
Citigroup analyst Tyler Radke maintains a Neutral rating on Informatica and lowers the price target from $35 to $28.
The lowered price target from $35 to $28 by Citigroup suggests a less optimistic outlook for Informatica's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100