Barclays Maintains Equal-Weight on Open Text, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Open Text (NASDAQ:OTEX) but lowers the price target from $38 to $36.
August 05, 2024 | 11:02 pm
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Open Text but lowers the price target from $38 to $36.
The lowered price target from $38 to $36 by Barclays suggests a less optimistic outlook for Open Text, which could lead to a short-term negative impact on the stock price.
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