Informatica Executive Resigns Amidst Takeover Speculation
Company Announcements

Informatica Executive Resigns Amidst Takeover Speculation

Informatica (INFA) has shared an update.

Jitesh Ghai, executive vice president and chief product officer, has resigned from his position to join another company. Meanwhile, the company has been at the center of acquisition rumors, as reported by The Wall Street Journal, but has officially announced that it is not engaged in any talks concerning a takeover. This announcement aims to clarify the company’s current status amid speculation in the financial markets.

See more data about INFA stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyInformatica price target lowered to $25 from $30 at DA Davidson
TheFlyInformatica price target lowered to $35 from $43 at Baird
TheFlyInformatica price target lowered to $32 from $40 at Wells Fargo
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!