Wells Fargo Maintains Overweight on Informatica, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Informatica (NYSE:INFA) but lowers the price target from $40 to $32.
July 31, 2024 | 4:19 pm
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NEUTRAL IMPACT
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Informatica but lowers the price target from $40 to $32.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100