Baird Maintains Outperform on Informatica, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power maintains an Outperform rating on Informatica (NYSE:INFA) but lowers the price target from $43 to $35.
July 31, 2024 | 12:20 pm
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Baird analyst William Power maintains an Outperform rating on Informatica but lowers the price target from $43 to $35.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100