BMO Capital Maintains Market Perform on Open Text, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on Open Text (NASDAQ:OTEX) but has lowered its price target from $33 to $32.
November 01, 2024 | 4:12 pm
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BMO Capital has maintained a Market Perform rating on Open Text but lowered the price target from $33 to $32, indicating a slightly less optimistic outlook.
The lowering of the price target by BMO Capital suggests a slightly less optimistic view on Open Text's future performance, which could lead to a minor negative impact on the stock price in the short term.
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