UBS Maintains Neutral on Informatica, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on Informatica (NYSE:INFA) and raises the price target from $27 to $30.
October 31, 2024 | 7:35 pm
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UBS analyst Karl Keirstead maintains a Neutral rating on Informatica but raises the price target from $27 to $30, indicating a positive outlook.
The increase in the price target from $27 to $30 suggests a positive outlook for Informatica, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100